JAMB Commerce 2012 Objective — Question 50

Question 50 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2012 Objective paper, with the correct answer and a full explanation.

A business organization must always consider the overall effect of its actions on the

A. consumers
B. competitor
C. profitCorrect
D. society

Explanation

Profit is the basic objective of any business organisation. Thus, all its action is central on maximising the profit.

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