SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The motive of Private sector enterprises is:
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Profit making
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Entertainment
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Social welfare and security
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None of these
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Explanation:
Detailed explanation-1: -Private sector enterprises are primarily concerned with producing a profit, which is their primary goal.
Detailed explanation-2: -Answer: Profit is the lifeblood of business, without which no business can survive in a competitive market. In fact profit making is the primary objective for which a business unit is brought into existence. Profits must be earned to ensure the survival of business, its growth and expansion over.
There is 1 question to complete.