Question

Tangible goal of earning profit is the sole objective of business. (State with reason whether the given statement is true or false)

Answer 1

Role of Profit in Business, Is Profit the Sole Objective of Business. In all businessundertakings in the private sector, the main motive is to earn profit. ... Infact profit is the oil which drives the wheels of business. Profitis the total revenue from sales minus the total cost of resources employed by the entrepreneur ...