1.

State with reason whether the following statement is true or false. Tangible goal of earning profit is the sole objective of business. Options True False

Answer»

Tangible goal of earning profit is the sole objective of business. False 

Explanation: 

Business units have tangible as well as intangible goals. Tangible goals include earning profit, business growth and higher productivity. Intangible goals include activities directed towards the welfare of the society.



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