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BT
Question Practice

Why is profit considered an essential objective of 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

Why is profit considered an es...

Single Answer MCQ
Q-00064267

Why is profit considered an essential objective of business?

1

It ensures compliance with government regulations

2

It improves employee morale

3

It provides a source of finance and indicates efficiency

4

It eliminates competition

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