Business Studies, asked by nishantkumar99904, 3 months ago

there are different business objectives and economic objective are one among them . explain this economic objective

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Answered by pushpa8072

4

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THERE ARE DIFFERENT OBJECTIVES OF BUSINESS AND ECONOMIC OBJECTIVE IS ONE AMONG THEM . ... It has to ensure that the overall revenues cover the costs to the firm so that it can survive in its existing long run. ii) Profit : A mere survival of a firm is not sufficient to ensure success.

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