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BT
Question Practice

What does the objective of earning profit imply for a business?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Business Studies
Business Studies
Business, Trade and Commerce
Question Bank

What does the objective of ear...

Single Answer MCQ
Q-00064329

What does the objective of earning profit imply for a business?

1

It must only cater to local markets

2

It should maximize employee welfare

3

Its revenues must exceed its costs

4

It needs to employ as many people as possible

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