Types of Corporate Obejctives

Corporate Objective

Different organization has different corporate objective, however, the following are the most important corporate objective of almost all organization.

1.Profit Maximization

Profit maximization is deemed to be the most important objective of all business organization. in simple words, one can say that business for profit maximization. There are multiple objective organization, however, profit maximization is at top of all other objective.

2. Market Share

Market Share Maximization is also an important objective of many organization . The major market share is a vital reason for profit maximization in long run. Great market share result in strong customer relationship.

3. Customer Satisfactions

Customer Satisfaction is also important factor. Customer satisfaction is necessary to win customer loyalty. it is important factor because research has proved that customer retention is more profitable option that attracting new customer.

4. Employee Satisfaction

Employee Satisfaction is one of the corporate objective because more satisfied workers will improve efficiency of workers. The efficiency will improve the profit.

5. Supplier Satisfaction

Supplier Satisfaction will reduce the risks of shortage of supply and as matter of fact that supplier is free source of finance so improved relationship will ensure to the provision of free credit.

6. Compliance with laws

Compliance with laws and Regulation is also corporate objective as non compliance may be serious threats to organization operations.