Question

“Profit is not only an objective of business, but it is necessity of business also.” Do you agree

with this statement? Give reasons in support of your answer.​

Answer 1

Answer:

yes

Explanation:

as without a profit a business is of no use

Answer 2

HEY MATE!

HERE IS YOUR ANSWER:

Yes , I agree with this statement.

We require profit for the following reasons:

1. source of income for business persons

2.source of finance for expanding

3.indicates efficient working of business

4.maintains reputation in market

HOPE IT HELPED ^_^