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Question

The purpose(s) of business that goes beyond earning profits _____________.

A
An important institution in society
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B
For the supply of goods and services
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C
Creating job opportunities
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D
All of above
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Solution

The correct option is D All of above
Profit making itself shall not be the purpose of business entities. It is running in an environment where a business entity's responsibilities widen. It contributes to the growth of the society. It supplies the required goods and services thereby catering to the needs of the society. A business entity creates job opportunities for the society. Thus, the purpose of a business entity has to be growth of the society by being a profitable enterprise in itself.

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