state anyone reason that may regard profit as an essential objective
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Profit may be regarded as an essential objective of business for various reasons (a)It is a source of income for business persons. (b) It can be a source of finance for meeting expansion requirements of business. (c) It indicates the efficient working of business.
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profit is regarded as essential part of business book of the following reason
- it isn't reward that is received in business
- it is an source of income for the business person
- with the high profit we can make a proper stand and proper value in market
- profit it help to attract investors to invest in our business
- the business cannot remains stand without earning profit
- it will good reputation of business enterprise
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