Profit maximization cannot be the sole objective of a business because if profit is considered to be the sole objective of a business then all the other objective will be given a side maximizing the profit of a business would lead to violet the objective of satisfying consumers with higher quality goods that would lead to the break of with their consumers and the business will shutdown in few a few years or for example if a consumer get irritated or get her complaint of a product made by a company and the company is not listening any complaint about that product then the consumer will simply leave that this subscription from that company and that would lead to detrimental effect over the companyhe
Profit maximization cannot be the sole objective of a business.explain.
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Kajal Oza
Asked: 3 years ago2022-11-04T05:03:54+05:30
2022-11-04T05:03:54+05:30In: Class 11
Profit maximization cannot be the sole objective of a business.Explain
Profit maximization cannot be the sole objective of a business.Explain
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Leave an answer
Drishti Koshy
Asked: 3 years ago2022-11-02T12:41:20+05:30
2022-11-02T12:41:20+05:30In: Class 11
Profit maximization cannot be the sole objective of a business. Explain
Profit maximization cannot be the sole objective of a business. Explain
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Leave an answer
Tushar Nazir Kapadia
Asked: 3 years ago2022-10-31T23:20:02+05:30
2022-10-31T23:20:02+05:30In: Class 11
Profit maximization cannot be the sole objective of a business explain
Profit maximization cannot be the sole objective of a business explain
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Chandni Sane
Asked: 3 years ago2022-10-30T01:42:50+05:30
2022-10-30T01:42:50+05:30In: Class 11
Profit maximization cannot be the sole objective of a business. Explain.
Profit maximization cannot be the sole objective of a business. Explain.
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Leave an answer
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Yes ….bcz there many other objective which a business hv which are innovation,,social objective….high quality goods at fair price,,,contribution to community development
Thank u very much keshav bindal
Profit maximisation can\’t be the sole objective of a business, a business must also take part in the social welfare. If the business do not think about social welfare and only work for profit. The survival of business for long became difficult.
Yrrrrr plzzzz plzzz i request u koi toh answer bta do
I don\’t know