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Why does business need multiple objective explain any five such objective?
Before starting a business, there always exists certain objective. Generally, the main objective of any business is to earn higher profits. But, this cannot be the only objective as the business needs to cater the demands and requirements of the various parties who are interested in the business. Therefore, the business needs to focus on the performance of each and every area for survival in the market. For this, there should be other objectives such as fulfillment of social responsibility, innovations, efficient use of natural resources, etc. Thus, it can be said that the business needs the multiple objectives.
What is a business organization?
a business organization is a group or a unit of people working together with a commen objective of profit maximization.but profit maximization is not the only objective..they also satisfy human needs and wants by producing goods and services
What is the objective of a business structure?
Business or organizational structures have several objectives. It needs to establish a chain of command that clearly shows accountability. It needs to show efficiency so there is no confusion on wasted labor resources. It needs to show clarity of purpose and function.
What is objective in business?
A business' objective is to make money. They are in business to make money for their stockholders. They sell products and services to maximize their profits.
What are objectives of business ethics?
what are objective of business ethics
Discuss the objective and benefit of cost accounting?
discuss the objective of business
What is meant by the term business objective?
A business objective is a goal the business has established. Businesses create objectives so that they can ensure they are moving forward in operations.
What is an economic objective?
the objective of economical in business and finance is to make financial and business forecasts basd on trends of past performance
What is economic objective?
the objective of economical in business and finance is to make financial and business forecasts basd on trends of past performance
What is the auditors objective for understanding an entitys business risks?
What is the auditor's objective for understanding an entity's business risks?Why does an auditor not have responsibility to identify or assess all business risks？
What a Business Administration Career objective?
One of the career objective of Business Administration is to manage a given type of business. The professional skills of an individual should enable the individual be a successful business administrator.
What is the research objectives of international business research?
objective of the business reseach
