a firm will attain higher prestige and recognition only if it
Answers
Answer:
sorry I have not idea but please mark me brainlist
Explanation:
please mark me brainlist please soo sorry
please mark me brainlist
Answer:
Is economically good
Explanation:
A firm will attain higher prestige and recognition only if it is economically good. Because Business is primarily an economic activity with primarily economic goals. Every business is also a part of the economy. Businesses select what items to manufacture, how to price them, how many people to hire, how much to pay these employees, how much to expand the firm, and so on based on their economic expectations.
The following are the most important economic goals:
(i)Profit Earning - Every entrepreneur's first goal is to make money. Without sufficient earnings, no firm can survive for long.
(ii) Survival - Every company wants to make sure it can survive and thrive in the future.
(iii) Growth — A company's long-term prospects must be improved. To thrive in the long haul, the company must grow and expand.