state the social objective of business ?
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Business, being a part of the society has obligations towards the society. The major social objectives are Provision of quality goods & Services, Reasonable Prices, Provision of Employment, Payment of Taxes, Contribution to Social Welfare and Better Environment.
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Social objectives of business include production and supply of quality goods and services, adoption of fair trade practices and contribution to the general welfare of society and provision of welfare amenities.
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