Tuesday, September 9, 2014

What is the importance of business to your society?

What is the importance of business to your society?
Profit

All business owners are operating with the expectations they will earn a profit. Ask any business student the primary goal of a corporation and she will recite, "to earn profits and increase the wealth of shareholders." How profits are earned varies depending on the industry, but the bottom line is of great importance to all business owners. Profits can either escalate the business to new levels of growth, or it can cause the company to dissolve after filing for bankruptcy.

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