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Class 12 Business Studies Nature and Significance of Management Objectives of managementHard

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The statement says earning profit is a wrong objective. What is the correct answer?

Answer and explanation

Correct answer: Wrong because profit is necessary but should be balanced

Profit is necessary for survival and growth of an organisation. In exams treat profit as necessary but not the only objective.

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Profit Balance Organisational Objective Objectives Of Management Nature And Significance Of Management Business Studies Class 12 Mcq

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