Business objectives GapFill

Business   revenues objectivesprofitscosts are the measurable  resultssalesobjectivesprofits that the business will be aiming to achieve in order to accomplish the company’s long-term  missionsalesprofitsvision. Business objectives should be  manySTARTshortSMART.   Profit maximisation Satisficing Sales maximisation Social welfare 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 profit maximisation sales maximisation satisficing . A business may change its objectives from time to time due to various reasons, one of which is changes in   profit marginscompetitive environmentcostssalaries.   Sales revenueProfitGrowthSocial welfare is maximised when   average revenue profittotal revenue marginal revenue is  onezeromaximisedrising.