Business in a Contemporary Society Int 2

Monday, 18 December 2006

The Objectives of business

All business organisations have there own aims. These are referred to as objectives. A businesses objectives depend on a number of many different things including:

Type of organisation
Size of the organisation
Type of goods or services which the organisation produces.
Competitive environment which it faces.
The organisations history.

The different business objectives are:

Profit maximisation
Growth
Survival
Social responsibility
Provision of a service

1 comment:

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