Which one of the following is not the Human objective of business?
A. Welfare of the employees
B. Consumer’s Satisfaction
C. Goodwill of the business
D. None of these
Answers
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Answer:
C) Goodwill of the business
Explanation:
Goodwill towards the business has nothing to do with human objectives.
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All the above-mentioned are the human objective of the business.
- A business firm wants the welfare of the employees so that both organizational and individual goals are attained. Caring about the employees also increases the level of output of any organization.
- Consumer satisfaction is the primary motive of every business.
- Goodwill plays a very important part in the success of the business. Every Businessman needs to maintain goodwill so that the customer would not go to their competitors.
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