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.