Question

Which one of the following is not the human objective of business?​

Answer 1

Generally, profit motive is considered to be the primary objective of business. But profit-making is not the sole or only objectives of a business. Every business enterprise has to lay down its multiple objectives to justify its existence.

Answer 2

Profit maximization is not a human objective of the business. Profit maximization is the primary objective of business while the human objective means to create a good relationship with the employees as well as the customers in order to run the business smoothly.

• Being sensitive and understanding towards the employees helps to create a sense of belongingness and increases the efficiency which helps to retain them.
• Customers are the most important factors of any business and thus should be treated in an appropriate manner.