Question

what is the objective of profit​

Answer 1

Answer:

The objective of Profit maximization is to reduce risk and uncertainty factors in business decisions and operations. Thus, this objective of the firm enhances productivity and improves the efficiency of the firm.

Answer 2

A business is deemed successful when it earns profits, but profit is just one objective that a business tries to achieve; over time, other pressing objectives that may emerge. These objectives can include growth, responses to environmental changes or societal responsibilities.

Hopefully this helps you..