Question

1. Profit is essential for covering cost and risk of the business. Which management

objective is discussed here?(U)

a) Social objective

b) Organistional objective

c) Personal objective

d) Individual objective​

Answer 1

Answer:

causing shanghai gaming balanced Camden

Answer 2

(b) Organisational objective talks about profit being essential for covering cost and risk of business.

• Profit is an essential part of the business and without the generation of profit, a business cannot sustain itself.
• The generation of profits is the main objective of an organisation. An organisation is usually started with profits in mind by the entrepreneur.

Hence, the management objective that discusses the profit being essential for covering costs and risks of a business is an organisational objective.