Question 7
Business UnitsThe primary objective of a business organization is to
- A.cater for the needs of its owners
- B.work towards making returns
- C.assist the government to serve the citizens
- D.improve the standard of living of its proprietors
Show the answer and explanation
Answer: B (work towards making returns)
Explanation
The main aim of any business is to make profit (returns) for its owners; other aims come after this.