Economic Objectives Business is basically an economic activity‚ its primary objectives are economic. The economic objectives of a business are to earn sufficient profit to give reasonable reward to the investors of capital and to provide funds for expansion and diversification. The main economic objective of business may be described as under: (a) Earning Profit: Business activity is undertaken for earning profit. Profit is the basic incentive to business pursuits. It is the most important objective
Premium Economics Business Marketing
Aims and Objectives Every business has aims that they wish to achieve‚ they might be overall goals and purposes that the business was set up to fulfil. Aims can therefore be seen as not only long term‚ but in some cases‚ almost impossible to reach‚ Heinz aims for its tomato sauce to be the world’s favourite ketchup‚ on every table’ (every table; total Customer satisfaction). But this doesn’t the organisation from trying to reach the aim‚ and from always working towards it. Typical aims
Premium Hot air balloon Tomato sauce Management
Topics for This Week’s Discussions: Objective Tone (graded) Flawed Diction (graded) Q&A Forum . . . for your questions and comments (not graded) Note: Click on the links in the “Topics” section to view the discussion topics. Then‚ click “Respond” to add your thoughts to the discussion thread. Topics Objective Tone (graded) Flawed Diction (graded) Q&A Forum Objective Tone (graded) Though an objective tone is probably most appropriate for nearly
Premium Writing Essay Full-time
1. How is the Fruitvale branch doing? On viewing the financial performance of Manzana Ltd.‚ we see that the branch profitability is decreasing. There is a huge backlog of policies‚ which is resulting in delays for current orders too. The number of new policies and endorsements appeared to be stagnating‚ whereas the rest of the industry reported moderate growth rates. According to the figures of the present quarter‚ Fruitvale had shown a decline in insuring new policies whereas Golden Gate
Free Mathematics Arithmetic mean
A. FIRM AND ITS OBJECTIVE: Conventional theory of firm assumes profit maximization is the sole objective of business firms. But recent researches on this issue reveal that the objectives the firms pursue are more than one. Some important objectives‚ other than profit maximization are: (a) Maximization of the sales revenue (b) Maximization of firm’s growth rate (c) Maximization of Managers utility function (d) Making satisfactory rate of Profit (e) Long run Survival of the firm (f) Entry-prevention
Free Economics Management Profit
[pic] Strategic Marketing Plan for Water Mart Systems (Pvt.) Ltd [pic] Index Page |1.0 INTRODUCTION |3 | | 1.1 - Definitions for marketing |3 | | 1.2 – The role and the importance of marketing in strategic planning
Premium Marketing Strategic management Marketing plan
PROD 529 Fall 2010 Manzana Insurance: Fruitvale Branch Case Executive Summary In 1991‚ Manzana Insurance’s Fruitvale branch was suffering on many performance measures including obtaining new policies‚ retaining current policies‚ long turnaround times‚ and the accumulation of a backlog of renewal policies. There are a number of problems leading to these poor performance measures including unbalanced work load on the underwriting teams‚ department utilization‚ work prioritization‚ and some
Premium Mathematics Arithmetic mean Weighted mean
PROFILE OF INSURANCE COMPANIES IN INDIA It was in 1818 when the first Life Insurance Company was established in India by private and foreign insurers. In the twentieth century many medium and large sized foreign as well as Indian Insurance companies cropped up with different objectives all across India. The Government of India issued an Ordinance in 1956 on nationalizing the Life Insurance sector and Life Insurance Corporation (LIC) came into existence in the same year. The Life Insurance Corporation
Premium Insurance Marketing
Company G 3-Year Marketing Plan Table of Contents Introduction Company G is a green initiative company that is primarily focused on the health and wellness of society and how to live a more relaxed life while helping to reduce the abuse of natural resources and the waste we produce. While we are beginning our processes for invention one product we would like to start with is the “motion sensor lotion bottle” this would be used primarily by massage therapist and estheticians who need ease
Premium Marketing Environment Environmentalism
Instructional objectives may also be called performance objectives‚ behavioural objectives‚ or simply objectives. All of these terms are used interchangeably. Objectives are specific‚ outcome based‚ measurable‚ and describe the learner’s behaviour after instruction. Instructional objectives serve as goals that teachers have set in the achievement of a greater goal. They also tell students what is expected of them. Instructional objectives make definite the direction in which teaching leads and become
Premium Education Psychology Learning