A.

Economic Objectives:
Economic objectives of a business refer to the objective of earning profit. And also
have other objectives that are very necessary for achieving profit which include
the creation of customers, regular innovations and possible use of resources.

Economic purpose or objectives of business are as follows.

1. Profit
One of the most important objectives of business are earning profit. A person or
institutions try to do business only for earning profit. Profit is the lifeblood of a
business.
2. Production
Businessman earns profit by selling goods and for this purpose he buys materials.
He produces goods by using these collected materials and he earns profit by
selling this product. In addition, business man can produce services.
3. Use of Wealth
A business requires various resources like men, machines, materials and money.
The availability of these resources is limited and for this reason, every business
should try to make the best possible use of these resources.
4. Buyer Creation
A businessman creates buyer by different types of changing and developing of
goods or products. At a result, the selling is increasing by this activity. Person,
society and all are get benefited by this selling and buying.
5. Use of Power
The businessmen produce different types of product. They established small, big
and medium institutions for production purposes. There is needs lot of employee
in these factories and thus, the power is used properly with diversely.
6. Increase of National Income
Person and society get benefited by business and thus, the national income is also
increased. So, it is one of the best purposes of business to increase the individuals
and national income.
7. Increase of Investment
Investment is one of the most important diving forces of economic development
of any country. It is started by the activity of doing or increasing business.
B. Social Objectives:
Social objectives are those objectives of a business which are desired to be
achieved for the good purpose of the society.
1. Demand
There is always lots of demands in socialize people such as, demand of essential
commodities, demand of life-saving supplies and demand of luxury products etc.
The business works for fulfilling these purposes.
2. Employment
Employment problem is solved by business. Small business, micro-business,
medium business, big industries are creating lot of employment opportunities and
thus unemployment problem is removed.
3. Innovation
There is a lot of competition creates in production by business. As a result, new
product is emerged in the market.

Business organization start to research to develop these products and thus new
product are emerged. These new products increase the quality of living of society.
4. Development of Living Standard
Business supplies product with low rate. At this way, the people of society spend
their life with comfort. People get opportunity the standard of living by income
and consume.
5. Participation in Good Work
Business means the production or selling and buying goods with legally. If a man
involved in doing business, he can’t get change of doing any harmful work like
stealing, etc.
C. Human Objectives:
Human objectives refer to the objectives of aimed at the well-being and fulfilling
of expectations of employees, social people and giving proper education and
training.

Human objectives of business are as follows.

1. Payment of Actual Wages
Worker is paid wages for his work. This wages should be accurate. The workers do
not work properly without giving the accurate wages to them.

Thus, the businessmen help workers to work by giving proper wages to them.

2. Development of Human Resources

The human purpose of a business is to create human resource. Production
strategy, discover strategy, achieving market skills, time, proper uses of money
and time, education etc are achieved the workers for the purpose of business. As
a result, the human resource gets opportunity of development and growth.

3. Relation
In business purpose the relation of workers-owners, relation of buyer-seller,
relation of business man-people, relation of county-foreign are created and thus
the human relationship is also developed.

4. Workers Welfare
Business organization ensures the better life of workers. Business gives the proper
or accurate wages to the workers. Business gives the opportunity of education,
treatment etc. Thus, the workers welfare gets ensure.

5. Ensure of Works and Services

It is very important of giving ensuring of workers job for achieving the goal of a
business organization. It is well understood at the modern age businessman.

D. National Objectives:
The national objectives of business are as follows.
1. State Sovereignty
Trade and commerce make ensure the state sovereignty. It is possible by business
to make a county self-sufficient by producing military instrument.

So, by producing military instrument a country become state sovereignty.

2. Revenue Increase
A country earn more revenue from the business organization. The more import
business get increased the more revenue of a country get increased.
3. Increase of National Wealth
The wealth is produced by business. The businessmen help to increase of national
wealth by increasing the business opportunity and economic activity.