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12. Profit is found to be a leading objective of business but not the only one. Do you
agree with the given statements Give reasons to justify your answer
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Answer:
it is generally believed that profit earning is the primary objective of business as per modern thinking business needs to have several objectives following only one objective cannot lead the business towards excellence
some other objectives are:
1)profit maximisation
2)Market standing
3) innovation
4)productivity
5) social responsibility and etc.
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