Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

..................... of a business can be measured in terms of sales volume increase in the number of employees, the number of products or the increase in capital investment, etc.

Options:

Survival

Profit

Growth

Employment creation

Correct Answer:

Growth

Explanation:

A business needs to add to its prospects in the long run, for this it is important for the business to grow. To remain in the industry, management must exploit fully the growth potential of the organisation. Growth of a business can be measured in terms of sales volume increase in the number of employees, the number of products or the increase in capital investment, etc. There can be other indicators of growth.