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Financial Management

Question
CBSEENBS12004538

A wholesaler of onion comes to know that due to less production the prices of onion will increase heavily. He stored the onion and during rising prices earns heavy profits by selling the stored onion. From the earned profits, he provides some money for social activities also. In this situation, which values does he reflect here?

Solution

(i) Promoting hoarding and black marketing of goods

(ii) By participating in social works he still fulfils his social objectives.