SELECT * FROM question_mgmt as q WHERE id=10964 AND status=1 SELECT id,question_no,question,chapter FROM question_mgmt as q WHERE courseId=2 AND subId=20 AND chapterId=209 and ex_no='3' AND status=1 ORDER BY CAST(question_no AS UNSIGNED)

Question:

Elaborate on the objectives of a business.

Answer:

The objectives are categorized as:

  • Economic Objectives:
    • Earning profits to sustain operations.
    • Growth and expansion through reinvestment.
    • Innovation to create new products and services.
  • Social Objectives:
    • Providing quality goods at fair prices.
    • Generating employment opportunities.
    • Ensuring ethical business practices.
  • Human Objectives:
    • Employee welfare and skill development.
    • Building a positive work culture.
  • National Objectives:
    • Contribution to economic growth through taxes and employment.
    • Promoting exports to improve foreign exchange reserves.


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  • Answered by Ekta Mehta
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  • Answered by Ekta Mehta
  • 4 months ago

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