Business objectives GapFill

Business   profitsrevenues costsobjectives are the measurable  resultsprofitssalesobjectives that the business will be aiming to achieve in order to accomplish the company’s long-term  missionprofitssalesvision. Business objectives should be  STARTshortmanySMART.   Sales maximisation Social welfare Satisficing Profit maximisation is an objective where the business tries to make as many sales as possible. One of the key objectives of businesses in the private sector is  satisficing profit maximisation sales maximisation social welfare . A business may change its objectives from time to time due to various reasons, one of which is changes in   competitive environmentcostsprofit marginssalaries.   GrowthProfitSocial welfareSales revenue is maximised when   total revenue average revenue profitmarginal revenue is  risingzeroonemaximised.