*Existence of business is not possible without society" Explain the statement with reference to
social objectives of business.
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He the answer is below.
Business is a kind of activity which is done by any individual or a group of people, there are two important factors for which a business is done, first is for serving the society by any kind of service or goods they sell, and the second reason is to earn a profit out of that for there existence of business and they.
As people of the society are the one who is providing the business an opportunity to earn, similarly businessman should also have a responsibility for the society by providing quality services and product to them.
I hope it is right!!!
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