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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

Which is the supreme objective of business? - Commerce

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Question

Which is the supreme objective of a business?

Answer in Brief
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Solution

The modem marketing concept recognizes that the consumer is the pivotal point around which the business moves. Satisfaction of consumer needs/requirements is stated to be the supreme objective of a business.

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Consumer Rights
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Chapter 17: Rights, Duties and Responsibilities of Consumers - Exercise [Page 146]

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Samacheer Kalvi Commerce [English] Class 12 TN Board
Chapter 17 Rights, Duties and Responsibilities of Consumers
Exercise | Q II. 4. | Page 146
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