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An organisation reduced price to increase sales but also reduced product quality. According to balance of objectives which analysis is correct?

Answer and explanation

Correct answer: It is an attempt at growth but social objective is weak

Increasing sales is growth but poor quality goes against consumer welfare. In exams check quality along with price.

Related tags

GrowthSocial ObjectiveQualityObjectives Of ManagementNature And Significance Of ManagementBusiness StudiesClass 12 Mcq

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