Question

State with reason whether the following statement is true or false.

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

विकल्प

• True 

• False 

Answer 1

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.