What are the objectives of business?
Answers
Answer:
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. Profit maximisation – try to make the most profit possible – most like to be the aim of the owners and shareholders.
Answer:
Business - Business refers to the two-way money channel through the society where society provides resources like man, machine, money, and material and in regarding of its business provides goods and services, lieu of earning money as well as generates the income for the society.
Objectives of business -
• To earn a good amount of profit for the firm.
• Expansion and growth of the firm.
• Creating good goodwill for the firm in the market.
• Provide financial stability to the firm.
• Create a Unique market identity.