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प्रश्न
What is the core purpose of business as defined by Prof. Pride, Hughes, and Kapoor?
पर्याय
To provide free services to society.
To organize efforts to produce and sell goods/services for profit that meet society's needs.
To create maximum employment only.
To eliminate all competition in the market.
MCQ
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उत्तर
To organize efforts to produce and sell goods/services for profit that meet society's needs.
Explanation:
This definition emphasizes that business combines organized effort with profit motive while fulfilling societal demands, which is the foundation of successful enterprises.
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