What are the differcent types of goals in management?
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1// Profit maximization - The first and main goal of every management is to maximise the profits of the business. According to this, business should prefer only those things which increases the profits of the business. In this way, management earning better.
2/ Optimum utilization of resources - - Second and next goal of every management is to use the business resources properly. If this possible, then it automatically reduces the cost in the business.
3/ Serve to public - - Next object of every management is to serve the public by providing goods and services at reasonable prices
4/ Minimizes risk - - Management wants to minimizes risk in the business so that business run smooth in the future with sufficient funds.
5/ Sufficient funds available every time - - Every business wants to get sufficient funds so that it available all time in business to meet uncertain liability in future..
2/ Optimum utilization of resources - - Second and next goal of every management is to use the business resources properly. If this possible, then it automatically reduces the cost in the business.
3/ Serve to public - - Next object of every management is to serve the public by providing goods and services at reasonable prices
4/ Minimizes risk - - Management wants to minimizes risk in the business so that business run smooth in the future with sufficient funds.
5/ Sufficient funds available every time - - Every business wants to get sufficient funds so that it available all time in business to meet uncertain liability in future..
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