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Assertion (A):Profit maximization, as an objective is too narrow.Reason (R):It ignores the timing of returns and also fails to take into account the social considerations as also the obligations to various interests of workers, consumers, society, ethical trade practices.

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Assertion (A):<br />Profit maximization, as an objective is too narrow.<br />Reason (R):<br />It ignores the timing of returns and also fails to take into account the social considerations as also the obligations to various interests of workers, consumers, society, ethical trade practices.






 
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