CBSE BOARD XII, asked by itzmeammu, 3 months ago

what is the role of profit in business..?

Answers

Answered by Shreyap18323

1

Answer:

Profit can be seen as the monetary reward to shareholders and owners of a business. In a capitalist economy, profit plays an important role in creating incentives for business and entrepreneurs. For an incumbent firm, the reward of higher profit will encourage them to try and cut costs and develop new products

Answered by mittaltripte

0

Answer:

hii

my name is tripte

Explanation:

will you please mark me as brainiest.please..

than I will drop ❤️❤️

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