The Objectives for which a business exists are as follows:
1) Survival - It is the basic objective and initial stage for establishment of business.
2) Stability - It is the most important objective. Stable business reduces the managerial tensions and demand less dynamism.
3) Growth - Every business wants to grow. Growth can be achieved through increase in sales, assets , profits, market share manpower employment, etc.
4) Efficiency - It means doing the things in best possible manner and using the resources in most suitable way.
5) Profitability - Business are generally motivated by profits. For some it is the sole motive. All other objectives of facilitative.
1) Survival - It is the basic objective and initial stage for establishment of business.
2) Stability - It is the most important objective. Stable business reduces the managerial tensions and demand less dynamism.
3) Growth - Every business wants to grow. Growth can be achieved through increase in sales, assets , profits, market share manpower employment, etc.
4) Efficiency - It means doing the things in best possible manner and using the resources in most suitable way.
5) Profitability - Business are generally motivated by profits. For some it is the sole motive. All other objectives of facilitative.
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