why does a business need multiple objectives? explain the objective of business
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Business requires multiple objectives since it has to balance a number of needs and goals related to various aspects of society. Following only one objective cannot lead business towards excellence. Objectives are needed in every area where performance and results affect the survival and prosperity of business...
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Business requires multiple objectives since it has to balance a number of needs and goals related to various aspects of society. Following only one objective cannot lead business towards excellence. Objectives are needed in every area where performance and results affect the survival and prosperity of business.
All businesses are directed to the achievement of certain objectives. Since business enterprises are a part of the society, they require multiple objectives. They can not operate successfully in society only with one objective of profit maximisation.
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