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The Topper group is looking to make a foray into manufacturing of semiconductors and it has set up a business to seize the business opportunity and add to its prospects in the long run. The company has already pivoted into a number of new projects like electronics, 5G network equipment, as well as semiconductors. Which economic objective of management does the business seek to fulfill?: 

(a) Survival 

(b) Growth 

(c) Profit 

(d) Efficiency

2 Answers

+1 vote
by (24.8k points)
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Best answer

Answer is (b) Growth

Growth is an important objective for the business organisation. If it does not grow it cannot survive in long run. To remain in the industry, management must exploit fully the growth potential of the organisation.

+2 votes
by (37.8k points)

Answer is (b) Growth

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