profit can more be the objective of business that eating is the objective of living explain
Answers
A minimum amount of profit is as much essential for the survival and growth of business as food is for human life. Urwick has very aptly put it, "Earning of profits cannot be the objective of business anymore than eating is the objective of living".
Answer:
Just as eating is essential for the survival of any human being, same way profit is essential and must for the survival of any business. But a person cannot survive for a long time and cannot lead a healthy life only by eating. A person has to perform other activities as well, such as social activities, religious activities and patriotic activities. Similarly, a business with the sole motive of earning profit cannot survive for a long time. To capture a big share in the market .and to create the goodwill, businessmen must have social and individual objectives along with the economic objective of earning profit.