Wednesday, 26 June 2013

OBJECTIVES AND FUNCTION OF BUSINESS ORGANISATION

OBJECTIVES AND FUNCTIONS OF BUSINESS ORGANISATION

OBJECTIVES
The objects of business organisation are
1. Profit motive
2. Service motive
3. To get the economies of large scale production
4. To achieve in time and efforts
5. Harmonious relations with employees
FUNCTIONS
The important functions of business are as follows
1. Production function
2. Marketing function
3. Finance function
4. Personnel function
5. Purchase function
6. Public relations function
7. Legal function

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