Question

what is business ? state the objective of business​

Answer 1

Answer:

Business - Business refers to the two-way money channel through the society where society provides resources like man, machine, money, and material and in regarding of its business provides goods and services, lieu of earning money as well as generates the income for the society.

Objectives of business -

• To earn a good amount of profit for the firm.

• Expansion and growth of the firm.

• Creating good goodwill for the firm in the market.

• Provide financial stability to the firm.

• Create a Unique market identity.

Answer 2

Answer:

Business is an economic activity related to buying and selling of goods and rendering of services. The objectives of business is basically making profit as much as possible. Because, profit would result in growth, survival and expansion of business.

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