Saturday, 2 January 2016

Objectives of Business

Young Business Partners Applauding To Reporter After Listening To Presentation At Seminar
1.  Profit- The aim of an organization is to make profit
2.  Survival- Every business must have a goal to continue to survive or exit;
3. Growth- A business must not  only survive, but it must have as a goal to be the biggest.
4. Market share- Every business concern must be able to carry out its market share to control
     in terms of market coverage and patronage of its products and services;
5. Productivity-  It must continue to produce; (Hence, location near raw materials)
6. Innovation- Business must try to see that it's the first and best to bring up new ideas ; (MTN/GLO)
7. Employees welfare - Business must maximally want to take care of its workers;
8. Service to customers- Consumers are well satisfy as another objective of my business concern;  and
9. Social Responsibility- Apart from doing 1-8 it must do to  other things that people around the business must benefit.

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