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Select the Proper Option from the Option Given Below and Rewrite the Completed Sentences. Ultimate Goal of Business Must Be Satisfaction of ________. - Organisation of Commerce and Management

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Question

Select the proper option from the option given below and rewrite the completed sentence.
Ultimate goal of business must be satisfaction of ________.

Options

  • Shareholders

  • Consumers

  • Owners

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Solution

Ultimate goal of business must be satisfaction of consumers.
Explanation:
Customer satisfaction should be the ultimate goal of business organisations. Businesses should not indulge in customer exploitation, as a good customer experience enables them to generate repetitive orders. A business unit exists because of customers only. Bad customer experiences can affect the demand of goods and services adversely.

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Role of Environment Protection and Business
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Chapter 4: Social Responsibility of Business - Select the proper option [Page 120]

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Micheal Vaz Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
Chapter 4 Social Responsibility of Business
Select the proper option | Q 9 | Page 120
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