Question

Since a business has to balance a number of needs & goals, and has to satisfy different
individuals & groups, it requires multiple objectives. Discuss any four objectives of a
business other than making profits. ( 4 Mark )​

Answer 1

Answer:

Objectives of Business – 4 Important Objectives: Economic, Human, Organic and Social Objectives

Economic Objectives: Essentially a business is an economic activity. ...

Human Objectives: Human objectives are connected with employees and customers. ...

Organic Objectives: ...

Social Objectives:

Answer 2

Explanation:

Business requires multiple objectives since it has to balance a number of needs and goals related to various aspects of society. Following only one objective cannot lead business towards excellence. Objectives are needed in every area where performance and results affect the survival and prosperity of business.