answersLogoWhite

0


Best Answer
Fundamental Goal of BusinessThe fundamental goal of Business is to create Surplus. This always need not be in terms of Money, but improved customer satisfaction, Goodwill etc.

Brahmajyothi

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a fundamental goal of business?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

What is the fundamental aspect of a business?

The most fundamental goal of a business is to make money selling their product. Ideally, this product is one that they are passionate about and will sell with that passion, so the money comes easy because of a good selling strategy.


Why ethics is a fundamental business concept?

Why is ethics seen as a fundamental business concept


What is fundamental goal of business do all organizations share this goal?

The fundamental goal of a business is to increase profits. There are many organizations which function along those lines as well (in addition to businesses which are themselves organizations), but there are even more which do not have profits as their fundamental goal. Other Organization's Fundamental Goals: (this list is not exhaustive) Policy Change: A number of organizations like the "Womens Suffrage Movement" came into existence to change one or more government policies. Religion and Existential Philosophy: There are a number of organizations which dedicate themselves to knowing the truth and spreading that truth either among themselves or to those outside the group. Social Gatherings: There are many organizations whose premise is to bring diverse (or similar) people together so that people feel less lonely and more happy. Education: There are institutions devoted to increasing knowledge in the pursuit of still better understanding.


How does economics relate to business?

A basic understanding of Economics plays a fundamental role in achieving success in Business.


Is profit making the primary goal of any business enterprise and why?

Yes, profit making is the primary goal of business. It is the reason businesses exist. If they don't make a profit, they will not survive.

Related questions

What is the fundamental goal of business?

Profit.


What is the main goal of the business?

Fundamental Goal OF BusinessThe fundamental goal of Business is to Create Surplus. It need not be always in terms of Money but improved Customer satisfaction, Goodwill etc. Brahmajyothi


What is fundamental goal of risk management?

The fundamental goal of risk management is to minimize the cost of risk and to maximize a firm's value (in the context of business risk management).


What is the fundamental goal of risk management?

The fundamental goal of risk management is to minimize the cost of risk and to maximize a firm's value (in the context of business risk management).


What fundamental goals of risk management?

The fundamental goal of risk management is to minimize the cost of risk and to maximize a firm's value (in the context of business risk management).


What is the fundamental aspect of a business?

The most fundamental goal of a business is to make money selling their product. Ideally, this product is one that they are passionate about and will sell with that passion, so the money comes easy because of a good selling strategy.


Why ethics is a fundamental business concept?

Why is ethics seen as a fundamental business concept


What is the fundamental role of information system in business?

What is fundamental information system What is fundamental information system What is fundamental information system What is fundamental information system


What are the characteristics of modern business in the fundamental of business theory category?

== ==


What are the fundamental business variables?

nothing


What is fundamental goal of business do all organizations share this goal?

The fundamental goal of a business is to increase profits. There are many organizations which function along those lines as well (in addition to businesses which are themselves organizations), but there are even more which do not have profits as their fundamental goal. Other Organization's Fundamental Goals: (this list is not exhaustive) Policy Change: A number of organizations like the "Womens Suffrage Movement" came into existence to change one or more government policies. Religion and Existential Philosophy: There are a number of organizations which dedicate themselves to knowing the truth and spreading that truth either among themselves or to those outside the group. Social Gatherings: There are many organizations whose premise is to bring diverse (or similar) people together so that people feel less lonely and more happy. Education: There are institutions devoted to increasing knowledge in the pursuit of still better understanding.


What was the fundamental goal of the plan?

To create a strong national government. A+LS