Business Studies, asked by atulya9778, 11 months ago

what is role of profit in businesses​

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Answered by gursewakgilll
5

Answer:

Profit can play as a very important thing in the buisnesses because it equals a company's revenues minus expensive it is important for a company to have profit so that the investors will be interested in investing to the company..

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Answered by ThapasRanjan
2

Answer:

the The Role of Profit in an Economy. Profit is the surplus revenue after a firm has paid all its costs. Profit can be seen as the monetary reward to shareholders and owners of a business. ... To increase profits, firms may take action which cause market failure.

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