Business Studies

Select the proper option from the probable option given below and rewrite the complete statements:
Ultimate goal of business must be satisfaction of the _______.


ANSWER

Consumers


SOLUTION
A business unit exists because of consumers only. If consumers are not satisfied, it will impact the demand of product. No business can exist for long time if consumers are not satisfied. So ultimate goal of business must be satisfaction of the consumers. 
View Answers

You're just one step away

Create your Digital Resume For FREE on your name's sub domain "yourname.wcard.io". Register Here!


Single Correct Medium Published on 18th 08, 2020
Next Question
Questions 244531
Subjects 8
Chapters 125
Enrolled Students 202
Enroll Now For FREE

Realted Questions

Q1 Single Correct Hard
Whistle blowing is a _________.
  • A. ethical practice
  • B. illegal practice
  • C. unethical practice
  • D. social practice

Asked in: Business Studies - Social Responsibilities of Business and Business Ethics


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Single Correct Medium
The issue of fraudulent asset valuation is included in _________.
  • A. ethics in compliance
  • B. ethics in finance
  • C. ethics in marketing
  • D. ethics in production

Asked in: Business Studies - Social Responsibilities of Business and Business Ethics


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Single Correct Medium
A National Environmental Awareness Campaign (NEAC) is organised ______.
  • A. annually
  • B. twice a year
  • C. once in three years
  • D. once in five years

Asked in: Business Studies - Social Responsibilities of Business and Business Ethics


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Single Correct Medium
Issues affecting the privacy of the employee ____________.
  • A. anti-competitive practices
  • B. workplace surveillance
  • C. drug testing
  • D. (B) and (D)

Asked in: Business Studies - Social Responsibilities of Business and Business Ethics


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 Single Correct Medium
Which of the following is a 'business practice' towards Government?
  • A. Ensure safety of their money and timely payment of interest
  • B. Rules and regulations regarding taxes, duties, restrictive and monopolistic trade
  • C. Unscrupulous tactics and methods should be avoided while handling them
  • D. None of the above

Asked in: Business Studies - Social Responsibilities of Business and Business Ethics


1 Verified Answer | Published on 18th 08, 2020

View Answer