Question

“Business is an institution organized and operated to provide goods and services under the

incentive of private gain” . Discuss.​

Answer 1

Answer:

The main objective of a business is to earn profit by providing goods and services. After all, every business has risk and uncertainties and every business deals with it and wants profit in the return.

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Answer 2

Explanation:

Business is an institution organized and operated to provide goods and services under the

incentive of private gain” . Discuss.