Why needed: Gives direction, helps planning, measures success.

Three: Survival, profit, growth.

To help community, protect environment, reinvest profits.

Businesses need them because it provides a clear roadmap for a company to follow towards long term sucess

Revenue, Productivity, Growth

Maintain economic viability, achieve social impact & Achieve a wider social and environmental community

1. An objective is a specific goal or target that a business aims to achieve within a certain time.

2.A business needs objectives to give it direction and purpose. Objectives help owners and employees focus on what needs to be done, measure success, and motivate everyone to work towards the same goals.

3. Survival: Staying open and making enough money to cover costs, especially for new or small businesses.

Profit – Earning more revenue than expenses to reward owners and invest in growth.

Growth – Expanding the business by increasing sales, opening new branches, or hiring more staff.

4.

The main objectives of a social enterprise are to help society or the community while also earning enough income to be sustainable. Profit is not their main aim — instead, they use profits to support social or environmental causes.