state two examples of personal objectives a business must fulfill
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The principal objective of any company must be to use material and human resources to the maximum potential benefit, i.e., to meet the financial objectives of a firm. And, they are survival, profit and growth. Survival: The essential objectives of any industry is survival.
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These objectives are Survival, Profit and Growth of an organisation.
Growth of an organisation can be measured by:
- ncrease in revenue.
- Increase in the number of employees.
- Increase in the number of products.
- Increase in the number of branches.
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