Competing objectives exist due to a variety of reasons:
Diverse Stakeholder Interests: Different stakeholders, such as investors, employees, and customers, have unique expectations and priorities. Resource Constraints: Limited resources necessitate trade-offs in budgeting, time, and manpower. Regulatory Requirements: Compliance with laws and regulations may sometimes conflict with profit-maximizing strategies. Market Dynamics: Rapid changes in the market environment can create conflicting priorities, such as short-term gains versus long-term sustainability.