State with reasons whether the following statements are true or false. 11. Business organisation cannot contribute to raise the standard of living of society. False

State with reasons whether the following statements are true or false.

11. Business organisation cannot contribute to raise the standard of living of society. False

Explanation:

Business organisations can help in raising the standard of living of people by conducting welfare activities like improving infrastructure (building roads and dams), educating society on technological advancement, raising voice against social evils of society like child labour, dowry and female infanticide and providing high-quality goods and services to their customers.

No comments: