Objectives of Business

Objectives of Business

Objectives of Business include:

• Profitability--earnings for the business owners
• Growth--share of market or expansion of stores
• Organizational Efficiency--productivity of workforce
• Employee Welfare--providing wages and benefits to employees
• Resource Conservation--limiting negative impact on environment
• Multinational Expansion--overseas expansion
• Social Responsibility--responsible corporate citizenship

Worksheet

1. Business earnings relate to ______________________________________.
2. Share of market relates to _______________________________________.
3. Productivity of workforce relates to _____________________________.
4. Wages and benefits to employees relate to ________________________.
5. Limiting impact on environment relates to ________________________.
6. Overseas expansion relates to ____________________________________.
7. Corporate citizenship relates to _________________________________.