To maximize shareholder value by generating as much profit as possible.
A smart CEO understands the inherent value of goal setting in steering a growing business in the right direction. Unfortunately, figuring out exactly what the right direction is—and the road map to get there—isn't as much of a no-brainer.  The purpose of Business communication is to convey in a best possible manner the core reason behind the initiatives such as to retain clients, maintain cordial relationship wi … th business partners and serve to expansion of business. It acts as the catalyst for growth in any Business. The purpose of the business is to fill a need. Money comes after. So, Basically Money is secondary. You should focus on a need to succeed the business. Filling that need with something that makes money will make the business grow and succeed. Businesses exit to serve customers. So customers are more important than any stockholders, the workers, or the management. Without customers, there is no business. So the main purpose of the business organization is to serve and satisfy its customers. The organizations vision statement provides the future state of the organization to strive to reach. With the good leaders in the organization, it will create synergy and vision. Answers. Relevance. Rating Newest Oldest. Best Answer: The main purpose of a business is to provide some sort of service (gym, plumber, etc.) or some sort of commodity (grocery store, clothing store, etc.) to paying customers and to generate revenue.  In their vision statement they also included their future brands. So that’s why profit making should be the primary goal for any business organization.” and “Talent. 1 business going forward. Their vision statement is showing how much profit is important to them. To this end. They have targeted to achieve a profit of 400 billion by the year 2020. including health. Therefore a profit incentive is needed for the long term success of an organization and it is the primary goal of any organization. With relation to this we can analyze the vision statement of SAJ Industries Ltd. While arguing against making profits as the primary goal of a publicly-owned company is difficult, pointing out that many public companies now balance that objective with renewed emphasis on social objectives is fair. Corporate social responsibility (CSR) has evolved significantly in the early 21st century. Company boards determine goal importance through corporate governance and meetings. Photos.com/Photos.com/Getty Images. The main goal of virtually every publicly-owned company has always been to maximize shareholder value by generating as much profit as possible. However, many companies have begun to balance this primary objective with other social and environmental goals that help appease stakeholders and help produce those profits Gerhard Adam. If the question were asked, what is the primary purpose of business, the most likely response would be to make money. However, this is an unsatisfactory answer since it clearly doesn't provide sufficient justification for businesses to exist.  The main and primary goal of the business no matter what kind of nature it has, is only profit maximization. There may also be some secondary purposes such as well being of pe … ople or offering services to the society but the primary focus is PROFIT. http://www.aidandtrade.com/. 10 people found this useful. This allows the business to see what is working and what needs to be changed. For example, if an area of the company is losing too much money, this area will have to be discussed as it is hindering the main goal of business finance. Comparing those two factors should help you discover as to whether the business is increasing in value-one of the main goals of business finance. Assessing A goal of business finance is to always be making progress in order to take the business to new heights. In order to ensure this happens and can be done, it's advisable that financial books are regularly assessed, as are the profit and loss mark ups. This allows the business to see what is working and what needs to be changed. For example, if an area of the company is losing too much money, this area will have to be discussed as it is hindering the main goal
http://www.inc.com/guides/2010/06/setting-business-goals.html http://www.answers.com/Q/What_is_the_purpose_of_a_business http://www.angelfire.com/musicals/tikamaya/Goal.htm https://uk.answers.yahoo.com/question/index?qid=20060911104635AAcVNdN https://www.scribd.com/doc/47761494/profit-making-is-the-primary-goal-for-any-business-Organization http://smallbusiness.chron.com/main-goal-publiclyowned-company-25064.html http://www.science20.com/gerhard_adam/economics_purpose_business http://www.answers.com/Q/3_goals_of_business http://www.answers.com/Q/3_goals_of_business
what is the main goal of any business