What is the correct meaning of balancing profit and satisfaction for an entrepreneur?
Answer and explanation
Correct answer: ग्राहक को मूल्य देकर टिकाऊ लाभ कमाना
A business needs profit to pay costs, reward investment and continue operating, but profit gained by harming customers is unlikely to last. Creating real customer value encourages satisfaction, repeat purchases and trust. Therefore, the sound balance is to serve customers well while earning sustainable profit.
Frequently asked questions
What is the correct answer to this question?
ग्राहक को मूल्य देकर टिकाऊ लाभ कमाना
Why is this the correct answer?
A business needs profit to pay costs, reward investment and continue operating, but profit gained by harming customers is unlikely to last. Creating real customer value encourages satisfaction, repeat purchases and trust. Therefore, the sound balance is to serve customers well while earning sustainable profit.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: Business, Trade and Commerce. Topic: Concept, characteristics and objectives of business.