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What is the primary objective of a business from an economic standpoint?
  • a)
    Providing quality products
  • b)
    Maximizing employee benefits
  • c)
    Earning significant profit
  • d)
    Achieving social responsibility
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the primary objective of a business from an economic standpoin...
The primary objective of a business from an economic standpoint is to earn significant profit. Profitability is a fundamental goal for most businesses as it ensures their sustainability and growth.
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What is the primary objective of a business from an economic standpoint?a)Providing quality productsb)Maximizing employee benefitsc)Earning significant profitd)Achieving social responsibilityCorrect answer is option 'C'. Can you explain this answer?
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