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A bakery earns money by selling bread to pay staff and buy new equipment. Which objective is this?

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Question

A bakery earns money by selling bread to pay staff and buy new equipment. Which objective is this?

Options

  • Social objective

  • Economic objective - Earning Profit

  • Community Welfare

  • Employee Welfare

MCQ
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Solution

Economic objective - Earning Profit

Explanation:

Earning profit is a fundamental economic objective that ensures business survival and growth. The example of a bakery earning money directly illustrates this objective.

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