Question

(iii) The essential for getting success in business is :
(a) Capital
(b) Efficient Business Organisation
(c) Machinery
(d) Honesty
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Answer 1

the essential for getting success in business is honesty

Answer 2

The correct answer is Option(b) Efficient Business Organisation

• A business will get success only when there is an effective and efficient performance by the organization as a whole.
• This will increase productivity and can easily attend the organizational goals.
• Capital, Machinery, Honesty are required for success but the primary goal will be smooth functioning in the environment.
• An inefficient organization can only create chaos and thus difficult in attaining organizational goals.