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Question
Why is it important for a business to balance both economic and social objectives?
Options
To avoid paying taxes.
To reduce business spending.
To achieve long-term growth and success.
To operate for only one year.
MCQ
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Solution
To achieve long-term growth and success.
Explanation:
Businesses that balance profitability with ethical and social responsibility build strong reputations, earn customer trust, and achieve sustainable long-term growth.
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