The goal of business in relation to profit is generally taken as:
A)profit maximisation.
B)profit planning.
C)profit generation.
D)profit stabilisation.

Question

Quizplus · Accepted Answer

Profit maximisation is the primary goal of businesses, where they strive to earn the maximum profit possible while also considering factors such as customer satisfaction, employee welfare, and social responsibility. Profit planning, profit generation, and profit stabilisation are all important aspects of business but are subsidiary to the main goal of profit maximisation.

The Goal of Business in Relation to Profit Is Generally