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Which argument says prosperity and growth of business is possible only through continuous service to society?
AViolation of profit motive
BJustification for existence
CBurden on the consumers
DLack of the social skills
Answer & Solution
Correct answer: B. Justification for existence
1. Profit is the outcome of serving people.
2. Service justifies the firm's existence.
3. That is justification for existence and growth.
_Source: NCERT Class 11 Business Studies, Chapter 6, Social Responsibilities of Business and Business Ethics._
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