Question

"profit is the only objective of the buisness"Do you agree? Give reason
[ 5 marks questions]​

Answer 1

Answer:

No. Profit is not only one objective of Business. Along with profit these following objectives are also important:

1. Survival: In the compitative market, a business must try to survive in the market by producing the goods and services with best quality and with competitive prices.

2. Growth: To gain more customers, businessman must expand his business by making best use of the available resources.

So, these are the objectives of business.

Explanation:

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