survival and growth are the ------ objective of business
1. Social
2. Economic
3. Political
4. Organic
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Explanation:
The main objectives that a business might have are: Survival – a short term objective, probably for small business just starting out, or when a new firm enters the market or at a time of crisis. ... Sales growth – where the business tries to make as many sales as possible.
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- Survival and growth are the economic objectives of the business.
- Every business undertaking is done with the purpose of earning money by taking some financial risk.
- A business needs to survive in order to remain in the market. This means they need to earn a substantial amount in a particular time in order to pay off the debt it and other expenses.
- If your business form is unable to pay its debt the company may be sued and eventually close down.
- Growth is one of the primary objective of every business. Every entrepreneur a business manager aims to grow his business in order to earn more profit and have a strong hold in the market.
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