Question

Lakshay started a business of repairing mobile phones and laptops in his shop in Tilak Nagar. To
earn more profits, he used to fix up duplicate spare parts in mobile phones and laptops. He focused
only on earning profits and never laid emphasis on any other objective of the business.
Identify the objective of business which has been overlooked in the above case.

Answer 1

Answer:

Profit earning

Explanation:

One the most important objective of the business is profit , which is essential for covering risks and costs of an organisation