Business Objectives -Relevance and implication of business objectives models in terms of Nepalese enterprise. Ans: In much of economic theory, it is assumed that a business aims to maximize 744 Words

Business Objectives -Relevance and implication of business objectives models in terms of Nepalese enterprise. Ans: In much of economic theory, it is assumed that a business aims to maximize 744 Words

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Relevance and implication of business objectives models in terms of Nepalese enterprise. Ans: In much of economic theory, it is assumed that a business aims to maximize profits. In reality, most businesses which are run for “commercial gain” do have profit maximization as an important objective – since the shareholders have taken a risk investing in the business and require a return (profit) to compensate