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What is fundamental goal of business do all organizations share this goal?
Selem16
The fundamental goal of a business is to increase profits.
There are many organizations which function along those lines as well (in addition to businesses which are themselves organizations), but there are even more which do not have profits as their fundamental goal.
Other Organization's Fundamental Goals: (this list is not exhaustive)
Policy Change: A number of organizations like the "Womens Suffrage Movement" came into existence to change one or more government policies.
Religion and Existential Philosophy: There are a number of organizations which dedicate themselves to knowing the truth and spreading that truth either among themselves or to those outside the group.
Social Gatherings: There are many organizations whose premise is to bring diverse (or similar) people together so that people feel less lonely and more happy.
Education: There are institutions devoted to increasing knowledge in the pursuit of still better understanding.
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What is a fundamental goal of business?
Fundamental Goal of BusinessThe fundamental goal of Business is to create Surplus. This always need not be in terms of Money, but improved customer satisfaction, Goodwill etc. Brahmajyothi
What is the fundamental aspect of a business?
The most fundamental goal of a business is to make money selling their product. Ideally, this product is one that they are passionate about and will sell with that passion, so the money comes easy because of a good selling strategy.
What did cartels monopolies and trusts as well as horizontal and vertical integration all share a goal of?
cartels, monopolies, trust, and horizontal and vertical integration all share the goal of
Cartels monopolies trusts as well as horizontal and vertical integration all share what goal?
cartels, monopolies, trust, and horizontal and vertical integration all share the goal of
Is profit making the primary goal of any business enterprise and why?
Yes, profit making is the primary goal of business. It is the reason businesses exist. If they don't make a profit, they will not survive.
What is a fundamental goal of business?
Fundamental Goal of BusinessThe fundamental goal of Business is to create Surplus. This always need not be in terms of Money, but improved customer satisfaction, Goodwill etc. Brahmajyothi
What is the fundamental goal of business?
Profit.
What is the main goal of the business?
Fundamental Goal OF BusinessThe fundamental goal of Business is to Create Surplus. It need not be always in terms of Money but improved Customer satisfaction, Goodwill etc. Brahmajyothi
What is fundamental goal of risk management?
The fundamental goal of risk management is to minimize the cost of risk and to maximize a firm's value (in the context of business risk management).
What is the fundamental goal of risk management?
The fundamental goal of risk management is to minimize the cost of risk and to maximize a firm's value (in the context of business risk management).
What fundamental goals of risk management?
The fundamental goal of risk management is to minimize the cost of risk and to maximize a firm's value (in the context of business risk management).
Define profit based organization?
These are the organizations, whose primary goal is to increase their profit margin. These organizations try to increase the value of their share by increasing the value of the company stock.
What is the fundamental aspect of a business?
The most fundamental goal of a business is to make money selling their product. Ideally, this product is one that they are passionate about and will sell with that passion, so the money comes easy because of a good selling strategy.
What group and goal are correctly matched?
Environmental activists - goal of promoting sustainable living and protecting ecosystems. Civil rights activists - goal of advocating for equal rights and combating discrimination. Business owners - goal of maximizing profit and expanding their market share.
What was the fundamental goal of the plan?
To create a strong national government. A+LS
What goal should always motivate the actions of the firms financial manager?
it is to maximize the current value per share of the existing stock or ownership in a business firm.
What is a group formed to achieve a specific goal called?
Organizations.
