Question

What are the similarities among ECONOMIC ANDsocial objectives

Answer 1

Answer:

Economic objective of business refers to the main objective of earning profit by the business. On the other hand, social objective of business refers to the main objective of working towards the society at large.

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Answer 2

Answer:

Its economic objectives relate to earning a satisfactory profit, creating customers and making innovation. Its social objectives comprise supply of quality goods in sufficient quantity at reasonable prices, fair deal to workers, fair returns to investors, and fair dealings with suppliers of materials.

Explanation:

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