Objectives Of Business Class 11th

Some of these areas are.

Objectives of business class 11th. However there are some other objectives as well like increasing market share improvement in productivity employee satisfaction consumer satisfaction social objectives but the main and basic objective of a business is to make profits. Nature and purpose of business class 11 notes business studies. The revision notes covers all important formulas and concepts given in the chapter.

This lecture is for class 11th business studies objectives of business economic objectives and social objectives economic objectives. Market standing innovation productivity physical and financial resources earning profits manager performance and development worker performance and attitude and social responsibility. Although earning of profit is considered to be the primary objective objectives are needed in every area where performance results affect the survival and prosperity of business.

1 earning of profit 2 creation of new customers 3 innovation 4. Page 1 objectives of business made by rahat importance of profit for business i it is a source of income for business persons ii it can be a source of finance for meeting expansion requirements of business iii it indicates the efficient working of business iv it can be taken as society s approval of the utility of business v it builds up the reputation of a business enterprise.