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Profit maximization cannot be the sole objective of a business. Explain |
| Answer» Profit maximization cannot be the sole objective of a business because if profit is considered to be the sole objective of a business then all the other objective will be given a side maximizing the profit of a business would lead to violet the objective of satisfying consumers with higher quality goods that would lead to the break of with their consumers and the business will shutdown in few a few years or for example if a consumer get irritated or get her complaint of a product made by a company and the company is not listening any complaint about that product then the consumer will simply leave that this subscription from that company and that would lead to detrimental effect over the companyhe | |