Explain in brief the following economic objectives of business: (a) Profit earning (b) Creation of customers.
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- Profit earning: Profit earning is the fundamental motive of doing a business. Other objectives cannot be attained without it.
- Creation of customers: Returns can never be certain in business activity. This happens because of external factors which are outside the control of the business organization.
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Hey mate here is your answer
Explanation:
Profit earning=the fundamental motivation of doing the business.
Creation of customers=organization on the control of business
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