Transnational Organization

• Synergies through global research and development 

• Mass customization 

• Global sourcing 

• Global intelligence 

• Global customer service

• Global alliances 

• Information resources 

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Objectives Areas of Concern

• Substance Abuse Prevention

• Functionaries of concerned departments of the Central 

• Care of Older Persons

• Service providers

• Other Social Defence 

• Professionals of Schools of Social Work 

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What are the objectives of business?

1. Economic Objectives:

(i) Earning profits:
(ii) Creating customers:
(iii) Innovations:

2. Social objectives

(i) Supplying desired goods
(ii) Fair Remuneration to employees:
(iii) Employment Generation:

3. Human Objectives:

4. National Objectives

Porters Diamond

Benefits of a global strategy

• Economies of scope

• Economies of scale

• Global brand recognition

• Recovery of research 

• Emergence of new markets

The Objectives of Firms - Economics A2 Level Unit 3

Economic objectives of firms

• In many firms there is separation of ownership.

• Higher dividends for shareholders.

• Therefore managers may create a minimum level of profit.

• More profit can be used to finance research and development.

• Increased market share increases monopoly power.

• Higher profit makes the firm less vulnerable to takeover.

• Ncreasing market share may force rivals out of business.

• Higher profit enables higher salaries for workers

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Global Strategy Objectives

• Plant diversity is well understood. 

• Plant diversity is urgently and effectively conserved.

• Importance to all life on Earth is promoted.

• Education and awareness about plant diversity.

• Its role in sustainable livelihoods.

• Plant diversity is used in a sustainable and equitable manner.

• Public engagement necessary to implement the Strategy have been developed.

Group Decision Making and Teamwork

What Can Prevent Effective Decision-Making?

1. Not Enough Information
2. Vested Interests
3. Too Much Information
4. Emotional Attachments
5. Too Many People
6. No Emotional Attachment

• See how any decisions are arrived at

• Reduce more complicated decisions down to simpler steps

• Plan decision making to meet deadlines.

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Objectives of Economic Planning

I. Political Objectives:

(a) Defence,

(c) Peace.


II. Economic Objectives:


(a) Rapid Economic Development:

(b) To Provide additional Employment:

(c) Economic Stability:

(d) More Farsightedness:


III. Social Objectives:

   (a) Social Security:

   (b)  Social Equality: