Business objectives GapFill

Business   revenues objectivescostsprofits are the measurable  objectivesresultsprofitssales that the business will be aiming to achieve in order to accomplish the company’s long-term  visionmissionsalesprofits. Business objectives should be  SMARTSTARTshortmany.   Satisficing Social welfare Sales maximisation 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  social welfare satisficing profit maximisation sales maximisation . A business may change its objectives from time to time due to various reasons, one of which is changes in   costssalariescompetitive environmentprofit margins.   ProfitSocial welfareGrowthSales revenue is maximised when   total revenue marginal revenueprofitaverage revenue is  risingonezeromaximised.