Posted by: Siddhesh b. on 16.04.2021
Ask a QuestionThe following are the non-economic goals of the firm.
1) production of quality goods/services at cheaper price.
2) creation of employment at a larger scale.
3) social service towards the community.
4) welfare of their people under their employment.
5) adherence to the monopolies and restrictive trade practices act,1969 .
6) not to do unfair trade practices and indulge others not to do the same strictly.
The following are not the economic goal of the firm.
1) Production of quality goods and services at a cheaper/moderate price.
2) Adhering to the social responsibility of business/corporate social responsibility.
3) Creation of mass employment.
4) Helping the govt. Central/states in maintaining the welfare of the people with regard to health /education etc.
Other than economic goals, the firm has certain social objectives as the business is centered around the interests of society. Some of the social objectives are:
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