What are the two primary goals for profit businesses?
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two primary goals for profit businesses
1) profit making or profit maximization
2)long term survival
1) profit making or profit maximization
2)long term survival
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hey mate here is your answer.
as we know that for any business profite is must for their survival n growth.
profit plays a very crucial role in business, they are :-
1 ) survival --> for survival of any business they must earn some profit. as whenever they need to buy any assets or for their earning.
2) for growth n expansion---> once the business is settled then it must grow for being more powerful in this competitive ground.
3) to get more efficiency --> profit earning is a kind of motivation to the workers and the owner of the business as they get rewarded for the work n risk what they have taken.
4) earning good will--> profit also shows your level in the market. the more profit u will earn the more good will u will receive. and this will help people to let them invest in your business
as we know that for any business profite is must for their survival n growth.
profit plays a very crucial role in business, they are :-
1 ) survival --> for survival of any business they must earn some profit. as whenever they need to buy any assets or for their earning.
2) for growth n expansion---> once the business is settled then it must grow for being more powerful in this competitive ground.
3) to get more efficiency --> profit earning is a kind of motivation to the workers and the owner of the business as they get rewarded for the work n risk what they have taken.
4) earning good will--> profit also shows your level in the market. the more profit u will earn the more good will u will receive. and this will help people to let them invest in your business
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