Question

Discuss the four major functions performed by business enterprises

Answer 1

Different business enterprises today are set up with different motives and goals.

However, some of the features remain same throughout most business organisations and enterprises. Some of them are as follows:

1) Profit earning is a major motive of most business enterprises, unless they are non-proft organizations.

2) Innovation is another objective of a business enterprise. They are constantly on the path of innovating and advancing with their products and services.