wiz-icon
MyQuestionIcon
MyQuestionIcon
4438
You visited us 4438 times! Enjoying our articles? Unlock Full Access!
Question

Select the proper option from the option given below and rewrite the completed sentences.

Business organization is a part of ________.
(a) Industry
(b) Government
(c) Society

Open in App
Solution

Correct option- c
Business organisation is a part of society.

Explanation:
The society supports the existence and growth of business organisations, as it provides raw materials and labour that are used in the production of goods and services. These goods and services are sold in the society by the business firms at a profit. Thus, it is said that a business is a part of society.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Introduction to Consumer Protection
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon