The primary objective of a business organization is to
Answer Details
The primary objective of a business organization is to work towards making returns. This means that businesses exist to make a profit for their owners or shareholders. The main focus of a business is to generate revenue through the production and sale of goods or services. This objective is achieved through effective management of resources, minimizing costs, and maximizing revenue. While a business may have other goals such as social responsibility, community involvement, or environmental sustainability, the ultimate aim is to make a profit. Making returns allows a business to grow, invest in new products or services, create jobs, and contribute to the economy.