ECONOMICS
PRODUCTIVITY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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profit
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productivity
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Either A or B
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None of the above
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Detailed explanation-1: -Profit maximisation is a variation of the profit objective. This is when an organisation aims to make as much profit as possible. They do this by finding the right balance between their selling price, sales volume, and the costs of production.
Detailed explanation-2: -Your profit goal is the amount of money you need to meet the commitments that are important to both you and to the future of your business.
Detailed explanation-3: -The main objective of any business is to earn a profit. Just as a plant cannot survive without water, similarly a business cannot sustain without profit. Profit is necessary for growing and expanding business activities.
Detailed explanation-4: -Strategic Goals. Tactical Goals. Operational Goals. 05-Oct-2022