Question

Give an example of an economic factor that favorably affects the business enterprise.

Answer 1

Profit - - Profit is the reward for hardworking.. It is the main motive of every business. Every business required profits to survive in the market.. Without profits, business can't move for a long period in a competitive market.. Profit is the best reward of economic factor for business.. Profit helps the business in bearing risk.. Risk is also main element in the business. But if there is profit in the business then business has minimum risk and as a result business run smoothly in the future

Answer 2

The example of economic factor that favourably affects is profits. But profit is there reward of bearing risk.As the profits helping help in survival of the business and expansion of the business...
hope it helps...