Question

IDENTIFY AND DESRIPE the common objective in business operation

Answer 1

The common objective in business operation is to maximize profitability and facilitate business growth. This involves increasing revenue, reducing costs, and improving efficiency in order to achieve a competitive advantage in the market. Businesses aim to provide value to their customers, generate a return on investment for stakeholders, and ensure long-term sustainability and success. By focusing on these goals, businesses strive to create a strong and successful operation that can withstand challenges and capitalize on opportunities in the market.