Question

19. ABC Ltd. is charging very low price which is just covering their cost so that it can remain in
competitive market. ABC Ltd. is achieving which organisational objective.
(a) Survival
(b) Profit
(c) Growth
(d) None of the above




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Answer 1

Answer:

your answer is (a) survival

Answer 2

The organizational objective described in context to the given question is an option a: Survival.

• In its long-term vision, the company has three key objectives: survival, profitability, and expansion.
• According to the supplied question, the corporation exclusively charges low prices for their product on the market. There is no capital in the form of profit in this gain.
• They are just recouping the money they invested in their items and products.
• In this situation, the organization's only goal of survival has been achieved.
• According to this goal, the corporation is just making enough money to cover its costs.
• As a result, the first choice is right in this case.