Business Studies, asked by boy2255, 1 year ago

role of profit in business ???​


Anonymous: hey.... are u malayali....????

Answers

Answered by mirjavaid7
3
we only do business for earning of money...
if we get more profit.. if we earn profit.we can spread our bussiness more and more..
Answered by asg3641
4
The role of profit in Economy:-
Profit is the surplus revenue after a firm has paid all its costs. Profit can be see as a monetary reward to shareholders and owners of a business. In a capitalist economy, profit has an important role in creating incentives for businesses and entrepreneurs.

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