profit is not the objective of the business but it is the result of the business. comment
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True, Profit is not the objective of business but the result of business..
It is because if the business not earn any type of profits than it can't survive for long period and as a result business wind up.
This is the reason that profit is also an objective of business bcz If the business has objective motive than it helps the business in earning profits otherwise Profits can't earn and business goes to end..
It is because if the business not earn any type of profits than it can't survive for long period and as a result business wind up.
This is the reason that profit is also an objective of business bcz If the business has objective motive than it helps the business in earning profits otherwise Profits can't earn and business goes to end..
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ANSWER:-
Profit is considered as a price or reward pay to a businessman for bearing the risk. Businessman invest money in the business only with the hope of earning profit. The desire to earn profit motivates the businessman to wear the unsatin it is an unexpected risks. Profit and risk directly related to each other. The higher the risk the more is the profit and the lower the risk, less is the profit.
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