Update

Muft Shiksha™ एक 100% Free Education Portal है 🇮🇳, जिसका उद्देश्य Class 9–12 के हर विद्यार्थी तक High-Quality Education को पूरी तरह मुफ्त पहुँचाना है। 🇮🇳 हम मानते हैं कि अच्छी शिक्षा किसी student की आर्थिक स्थिति पर निर्भर नहीं होनी चाहिए। 🇮🇳 हर विद्यार्थी को वही Quality Study Material, MCQs, Quizzes, Exam Preparation, Concept-Based Learning और Bilingual Support मिलना चाहिए, जो आमतौर पर महंगी Coaching या Premium Platforms में मिलता है। Muft Shiksha™ 🇮🇳 इसी सोच के साथ बनाया गया है

Subjects
0 reads0 ratings0 helpful

Which statement shows the correct understanding of the profit objective?

Answer and explanation

Correct answer: Reasonable profit helps survival and growth of the organisation

Profit is an organisational objective because it provides the financial means to continue operations, replace assets, face risks and finance future expansion. The correct principle is reasonable and ethical profit, not unlimited profit obtained by harming stakeholders. Thus option A correctly explains that profit supports survival and growth. Option B is incorrect because profit and social responsibility can be pursued together when business practices are fair. Option C ignores the need for financial sustainability, while option D wrongly treats profit as an employee-only objective. Management must balance profit with social and personal objectives.

Related tags

Profit-ObjectiveSurvivalGrowthObjectives Of ManagementNature And Significance Of ManagementBusiness StudiesClass 12 Mcq

Was this question useful?

No ratings yetWrite a review / Rate this question

Student Reviews

No published reviews yet.

Add Muft Shiksha to your Home Screen

In Safari, tap Share, then Add to Home Screen.