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Which of the following statement is true in the context of customer? - Commercial Studies

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Question

Which of the following statement is true in the context of customer?

Options

  • Having business stake

  • Do supply capital

  • Do take risks

  • Do not share profits

MCQ

Solution

Do not share profits

Explanation:

Customers purchase goods or services from a business. They do not have a business stake or supply capital, nor do they take risks in the operation of the business. They also do not share in the profits of the business.

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Distinction Between Stakeholders and Customers
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Chapter 1: Stakeholders in Commercial Organisations - EXERCISES [Page 7]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 1 Stakeholders in Commercial Organisations
EXERCISES | Q 10. | Page 7
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