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  • 2 answers

Sia ? 6 years, 5 months ago

Business needs multiple objectives as it seeks to create a balance between different needs and goals of different interest groups, like consumers, employees, society at large, etc. The various multiple objectives of the business are described below:

  1. Market standing: Every business should strive to create and maintain a reputable market position with regard to its competitors. In order to achieve a stronger market standing a business needs to focus on enhancing customer's satisfaction.
  2. Innovation: In order to obtain an edge over its competitors and boost its public image every business needs to constantly review and revise its products and process in terms of creating better technology and utility.
  3. Productivity: The ratio of values of inputs to values of outputs reflects the productivity of activities. Every business seeks to achieve a higher level of productivity by increasing its efficiency.
  4. Earning profits: One of the most important objectives of every business is to earn profits. Profits are vital for the survival, growth and expansion of the business. The profitability of a business refers to the ratio of profit to capital investment.

Sumit Dhariwal Andana 6 years, 5 months ago

Market standing,. Innovation,. Earning profits,. Productivity
  • 1 answers

Chirag Dahiya 6 years, 5 months ago

No
  • 2 answers

Harshit Pardeshi 6 years, 5 months ago

Not all the time There consumer satisfaction means consumers equilibrium is also important

Khushi Delio 6 years, 5 months ago

No other objective is consumer satisfaction .
  • 2 answers

Maheshwari Mansi 6 years, 4 months ago

It refers to the possibility of inadequate profits or even losses due to uncertainties or unexpected events

Krish Jain 6 years, 5 months ago

Unlimited liberty
  • 3 answers

Balwinder Dhaula 6 years, 4 months ago

Economic activity is that activity which is done as the main purpose of earning money

Maheshwari Mansi 6 years, 4 months ago

Economic activity is the activity which is undertake in with objective for earning money

Ayush Gupta 6 years, 5 months ago

Economics activity means those activity which is done for money
  • 2 answers

Ayush Gupta 6 years, 5 months ago

Government company or public company is the company which is control or managed by government

Khushi Delio 6 years, 5 months ago

Govt. Companies are public compnies. Shares of these compnies provide there shares to general public .
  • 1 answers

Ayush Tulsyan 1 year, 5 months ago

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  • 1 answers

Dipali Shrivastava 6 years, 4 months ago

Code of conduct means set of rules. In profession code of conduct strictly followed.
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Ayush Gupta 6 years, 5 months ago

Partnership is the form of business where partner share equal amount of capital

Kanchan Maji 6 years, 5 months ago

Partnership refers to the business partners who engage Activity in equal shares
  • 1 answers

Sia ? 6 years, 5 months ago

Economic activities are broadly grouped as Primary activities, Secondary activities, Tertiary activities and Quaternary activities.

  1. Primary Activities: It refers to extraction/utilisation of raw materials from the earth's surface. These include hunting, gathering, pastoralism, fishing, forestry, mining and agriculture.
  2. Secondary Activities: It includes industries that transform raw materials into finished foods having higher value. For example, manufacturing cotton textiles from raw cotton, and iron and steel from iron ore.
  3. Tertiary Activities: It includes all kinds of services provided for the people such as education, health, trade and transport.
  4. Quaternary Activities: It represents special kind of services, which is related to highly intellectual activities. For example, research and development service, information generation, information processing and transmission.
  • 1 answers

Harsh Singh 6 years, 5 months ago

Hi jyoti we can minimise business risk by avoding too much risky transaction by taking insurance policy and making provision in current earning
  • 1 answers

Sia ? 6 years, 5 months ago

Survival is the state or fact of continuing to live or exist, typically in spite of an accident, ordeal, or difficult circumstances.

  • 1 answers

Sujal Barawde 6 years, 5 months ago

Business is defind as economic activities which involves the production and sales of goods and services undertaken in motive of earning profit for the human needs for their society
  • 2 answers

Aditya Singh 6 years, 5 months ago

A firm is a organisation or company.

Atif Pasha 6 years, 5 months ago

Explain
  • 1 answers

Mahajan Mahajan 6 years, 5 months ago

Chapter 1 starting a business - basis factors
  • 0 answers
  • 1 answers

Sujal Barawde 6 years, 5 months ago

Economic activities are those activities which are undertaken inorder to earn thier livlihood etc for e.g manager in firm, worker in factory etc. Non economic activities are those activities which are performed out of love, sympathy, sentiments, patriotism etc for e.g mother cooking food for family, boys helping blind man to cross the road etc.
  • 1 answers

Sia ? 6 years, 5 months ago

Economic activities are broadly grouped as Primary activities, Secondary activities, Tertiary activities and Quaternary activities.

  1. Primary Activities: It refers to extraction/utilisation of raw materials from the earth's surface. These include hunting, gathering, pastoralism, fishing, forestry, mining and agriculture.
  2. Secondary Activities: It includes industries that transform raw materials into finished foods having higher value. For example, manufacturing cotton textiles from raw cotton, and iron and steel from iron ore.
  3. Tertiary Activities: It includes all kinds of services provided for the people such as education, health, trade and transport.
  4. Quaternary Activities: It represents special kind of services, which is related to highly intellectual activities. For example, research and development service, information generation, information processing and transmission.

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