Thursday, 23 October 2014

Business Objectives

Objectives of Business:

The business objectives  means the purpose for which business is established. The main objective of a business is to making profit and avoids loss.

According to Urwick “Earning of Profit is not the sole objective of a business any more than eating is the objective of living”.

The business objectives can be classified in to three categories:
1. Economic Objectives.
2. Social Objectives.
3. Human Objectives.

These are discussed below.

Wednesday, 22 October 2014

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