Explanation:
Growth – Another important objective of business is to achieve growth. The growth should be in terms of increase in profit, revenue, capacity, number of employees and employee prosperity, etc.
Stability – Stability means continuity of business. An enterprise or business should achieve stability in terms of customer satisfaction, creditworthiness, employee satisfaction etc. A stable organization can easily handle changing dynamics of markets.
Answer:
Cultural lag
Explanation:
Cultural lag is a situation where by a society experiences technological development at a rate faster than the development that occurs in culture and general way of life.
A very good example is that it takes a longtime before cultural development can match up with technological developments and advancements thus leading to social problems due to lag. The cultural lag theory was formed in 1922 by William F Ogburn a sociologist.
Answer:
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