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Apart from earning profit, what can be another objective of an enterprise?

Answer and explanation

Correct answer: Solving a customer problem

An enterprise creates value by meeting a need or solving a problem for customers through a product or service. This objective can also support long-term success because satisfied customers may return and recommend the business. Destroying resources, lowering quality, or hiding market demand does not create customer value and cannot be considered a constructive enterprise objective.

Related tags

ProfitValue-CreationCustomer-ProblemEnterprise-ObjectiveIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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