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In the context of business, which statement correctly describes the relationship between survival and profit?

Answer and explanation

Correct answer: लाभ व्यवसाय के खर्च पूरे करने और उसकी जीवन-रक्षा में सहायता करता है।

Profit is an important business objective because it helps meet expenses such as wages, rent, raw materials and other operating costs. Adequate profit enables a business to continue functioning and remain competitive; therefore, profit supports survival but is not identical to survival. Option C is incorrect because a business still needs continuous operations and growth even after earning profit. Exam tip: Treat survival, profit and growth as related but distinct economic objectives of management.

Related tags

Business ObjectivesManagement ObjectivesProfitSurvivalEconomic ObjectivesObjectives Of ManagementNature And Significance Of ManagementBusiness Studies

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