role of profit in business ???
Anonymous:
hey.... are u malayali....????
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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..
if we get more profit.. if we earn profit.we can spread our bussiness more and more..
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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.
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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