Profit is not the objective of business but is the result of the business
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The main objective of the business only to attain profit. No one is ready to do business for loss. If we do the business in a proper way the result of the business ends with profit
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The main objective is to gain profit because when any business is started, it is predicted that it will make profit and maximize the wealth. But with the profit many other Objectives like:
- ECONOMIC OBJECTIVES:
- Application Of Modern Technology
- Best utility of resources
- Maximization of wealth. etc
- SOCIAL OBJECTIVES:
- Adopt fair trade practices
- Provide quality good. etc
are necessary.
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