what is the roleof profit in business
Answers
Answer:
Role of Profit in Business, Is Profit the Sole Objective of Business. In all business undertakings in the private sector, the main motive is to earn profit. ... Infact profit is the oil which drives the wheels of business. Profit is the total revenue from sales misalnus the total cost of resources employed by the entrepreneur ...
Answer:
Profit is the main reason why people start their business's..
Explanation:
Business is started by a person who has high expectations on it.
You can take examples of all the IT companies.They started companies now you see them having high values for the shares.You can have money for normal things but when you start a business you will have either or profit or a loss.If you have a profit you again double than you normally get