Podcast
Questions and Answers
What is the primary purpose of profit earnings in a business?
What is the primary purpose of profit earnings in a business?
What determines a business's market standing?
What determines a business's market standing?
Why is it important for a business to be the first mover in innovation?
Why is it important for a business to be the first mover in innovation?
What is the purpose of objectives in business decisions and actions?
What is the purpose of objectives in business decisions and actions?
Signup and view all the answers
What is the classification of the objective of earning profits?
What is the classification of the objective of earning profits?
Signup and view all the answers
What is the result of a business having a strong market standing?
What is the result of a business having a strong market standing?
Signup and view all the answers
What is a primary reason for a business to fulfill its social responsibilities?
What is a primary reason for a business to fulfill its social responsibilities?
Signup and view all the answers
Which of the following is a social objective of a business?
Which of the following is a social objective of a business?
Signup and view all the answers
What is a potential consequence of a business indulging in malpractices like black marketing and hoarding?
What is a potential consequence of a business indulging in malpractices like black marketing and hoarding?
Signup and view all the answers
What is an objective of a business in terms of employment opportunities?
What is an objective of a business in terms of employment opportunities?
Signup and view all the answers
What is another objective of a business, apart from social objectives?
What is another objective of a business, apart from social objectives?
Signup and view all the answers
What is an incentive that a business may provide to its employees?
What is an incentive that a business may provide to its employees?
Signup and view all the answers