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Which option wrongly identifies the growth objective?

Answer and explanation

Correct answer: Paying tax on time

The governing concept is that business objectives are classified according to the interest they serve. Growth means expanding the scale or reach of the enterprise, such as opening branches, entering new markets, increasing sales territory, or raising production capacity. Paying tax on time is not primarily a growth activity; it reflects a legal and social responsibility of the business. Therefore, option A is the wrongly identified example. Options B, C, and D all increase the organisation’s size, market reach, or operating capacity and are therefore appropriate illustrations of the growth objective. Growth should, of course, be pursued lawfully and responsibly.

Related tags

Growth ObjectiveClassificationBusiness ObjectivesTax ResponsibilityObjectives Of ManagementNature And Significance Of ManagementBusiness StudiesClass 12 Mcq

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