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Subjects

What is the most balanced base for the long-term sustainable success of a venture?

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Answer and explanation

Correct answer: Customer value, quality, ethics, and good planning

Sustainable success requires a venture to create value for customers, deliver dependable quality, behave ethically, and plan its resources and operations carefully. Promotion can create awareness, but it cannot compensate for poor quality or dishonest conduct. A high price or good luck alone does not ensure repeat demand, trust, or viability. Therefore, option A is the most balanced foundation.

Tags

sustainable-successbusiness-ethicsObjectives of managementNature and Significance of ManagementBusiness StudiesClass 12 MCQ

Frequently asked questions

What is the correct answer to this question?

Customer value, quality, ethics, and good planning

Why is this the correct answer?

Sustainable success requires a venture to create value for customers, deliver dependable quality, behave ethically, and plan its resources and operations carefully. Promotion can create awareness, but it cannot compensate for poor quality or dishonest conduct. A high price or good luck alone does not ensure repeat demand, trust, or viability. Therefore, option A is the most balanced foundation.

Which subject and chapter does this question cover?

This is a Class 12 Business Studies question. Chapter: Nature and Significance of Management. Topic: Objectives of management.

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