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What are the chief objectives that business firms seek to achieve that concern an economist?

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A firm or business firm is defined by Samuelson and Nordhaus as:

“The basic, private producing unit in an economy. It hires labour, rents or owns capital and land, and buys other inputs in order to make and sell goods and services.”

They further state that firms are motivated by the desire to maximize profits. Thus, though a business firms may follow may pursue, many different objectives, the economists only focus on the profit objective of the firms. They study how the firms decide and act in their attempt to maximize their profits.

This does not mean that business firms do not have any other objectives. As a matter of fact they may have many other objectives. But economists do not study those aspects of firms.
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