Question

Vajinder Electricals were producing electrical bulbs. Management wanted to earn more profits but demand for products was low and the firm was facing losses. Management decided to shift the factory to a rural area and employ local people to cut labour costs. The firm gave free bulbs to the schools and weaker sections of the area. The demand for bulbs started rising and the company started earning profits. The area also benefited with employment opportunities.(a) What was the main objective of the business?(b) Besides profits, what other objectives was undertaken by the company(c) What strategy helped the company to earn profit?

Answer 1

Vajinder Electricals were producing electrical bulbs. Management wanted to earn more profits but demand for products was low and the firm was facing losses. Management decided to shift the factory to a rural area and employ local people to cut labour costs. The firm gave free bulbs to the schools and weaker sections of the area. The demand for bulbs started rising and the company started earning profits. The area also benefited with employment opportunities.(a) What was the main objective of the business?(b) Besides profits, what other objectives was undertaken by the company(c) What strategy helped the company to earn profit?

can u post the book pics I will answer it