4. Manjeet Pvt. Ltd. is a reputed company manufac-turing computers. The company is earning a
considerable profit. Both the proprietors and the employees are putting their best efforts to make good
quality products available to the customers at a low price, paying its shareholders a good amount of
dividends and the employees a reasonable remuneration. This contributes to the successful operations of
the business. With increased profits over time, the company's foundation becomes strong, and it earns a
good reputation in the society. It utilises its profits to finance its growth and expansion requirements.
Explain the role of profit in business of Manjeet Pvt. Ltd. by quoting the lines from the above para.
5. Ganga Ltd. is a popular company manufacturing water coolers. Its product is very much liked by people
in the market. The traders are in a race to become the company's distributors. The company had been
earning huge profits for many years. However, in the year 2020, the company's half yearly report shows a
great decline in the company's profit. The top management is worried about this. A team of specialists
from outside is appointed to solve this serious problem. After a thorough examination, the specialists
presented the following reasons for the decline in the profits of the company.
(i) Increase in competition and change in taste of the consumers.
(11) Theft of cash and goods by the employees.
Identify and explain the two causes of decline in profits.
Answers
Explanation:
earning a considerable profit. Both the proprietors and the employees are putting their best
efforts to make good quality products available to the customers at a low price, paying its
shareholders a good amount of dividend and the employees a reasonable remuneration.
This contributes to the successful operations of the business. With increase profits over time
the company's foundation become strong and it earns a good reputation in the society. It
utilizes its profit to finance its growth and expansion requirement. Explain the role of profit in
business of Manjeet pvt ltd by quoting the lines from the above para.
2
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shivaniraj74
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Answer:
We found following roles of profit in Manjeet PVT LTD:
1. This enhances the working efficiency of the business. Profit work as a source of motivation for the workers and the owners . This helps to make them more determined to give their best to the business.
2. It helps in earning more and more
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