why profit earned essential for the business
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there are many ways in which profit earned is essential for the business.
1.for expanding business
2.minimizing risks..
3.earning goodwill etc
1.for expanding business
2.minimizing risks..
3.earning goodwill etc
Answered by
0
Explanation:
Businesses are essential to a nation's development because:
They offer job opportunities to the citizens of that nation. This in turn helps the people to generate incomes and improve their living standards.
Businesses offer an opportunity to governments to generate revenues in order to run the country and administrative operations...
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