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Why does business need multiple objective explain any five such objective?
Wiki User
∙ 10y ago
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.
Wiki User
∙ 10y ago
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