Question

1. 'Profit is an essential objective of business due to certain reasons'. Comment.​

Answer 1

HEY MATE!

HERE IS YOUR ANSWER :

Profit is essential due to the following reasons:

1. Source o income for business person.
2. Source of funds for meeting expansion requirements
3. Indication of efficient working of business.
4. Reward for risk taking.
5. Builds up reputation of business.

HOPE IT HELPED ^_^

Answer 2

1 source income for business persons

2.reward for Risk taking

builds up repulsion of business