Wednesday, March 7, 2012

The objective of business


We may conclude that development is both a physical reality and a state of mind in which societies has, through some combination of social, economical, and institutional processes, secured the means for obtaining a better life. whatever the specific components of better life, development in all societies should have at least the following three objectives.
1.To increase the availability and widen the distribution of basic life-sustaining goods such as food, shelter, health, protection.
2. to raise levels of living including, in addition to higher incomes, the provision of more jobs, better income and greater attention to humanistic and cultural values, all of which will serve not only to enhance material well being but also to generate the greater individual and nation self-esteem.
3. to expand the range of social and economic choices available to individual and nations by freeing them from servitude and dependence not only in relation to other people and nation-states but also to the forces of ignorance and human misery.


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