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State with Reason Whether the Following Statement True Or False. Business Organization Can Use Natural Resources as They Want. - Organisation of Commerce and Management

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Question

State with reason whether the following statement true or false.

Business organization can use natural resources as they want.

Options

  • True

  • False 

MCQ
True or False
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Solution

Business organisations can use natural resources as they want. False
Explanation:
Natural resources are limited and scarce; therefore, they should be used optimally. Inefficient use of these resources can result in their depletion. Thus, business units should make optimum use of these resources to ensure their existence in the long run.

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Role of Environment Protection and Business
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Chapter 4: Social Responsibility of Business - True or False [Page 123]

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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
True or False | Q 4 | Page 123
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