Business Studies, asked by joyvegeto3315, 1 year ago

profit maximization can't be the sole objective of a business firm . Justify

Answers

Answered by tanu142
3
as if we take much profit so people think that we are making them fool by telling them a high price.
Answered by vchilongo
5

Let me help you in tackling this.

It is true that profit maximization can not be the sole objective of the business.

In this case the business involves two parties namely the client and the business owner. At the end of any business transaction all these two parties should be satisfied.

The client can only be satisfied if he receives the quality and the desired business service.

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