3. Shreya and Vrinda joined together and established a partnership firm dealing in electronic goods. Each
one of them looks after one particular department. They had made it certain that every Saturday they
would hold a meeting and share the information on the activities of their respective departments. In one
of their meetings, they discuss about some key areas on which they should focus their attention.
Shreya says, "we should focus on increasing productivity and profits through the best use of available
resources."
On the other hand, Vrinda says, "we should keep clear of the anti-social activities like adulteration,
hoarding and profiteering, and contribute to the benefits of the society like opening charitable
dispensary, educational institution, etc.
What are the objectives of business Shreya and Vrinda focusing on? Explain.
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Answer:
They are focusing on the Social and Economic Objectives you of Business.
Explanation:
Shreya is talking about the innovation to be done and Vrinda is talking about High quality goods at fair price and contributing to society's welfare.
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