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KengaRu [80]
4 years ago
10

Profit plays an important role in business give any four reason to justify the statement

Business
1 answer:
Sauron [17]4 years ago
3 0
-it’s a source of finance (so the business can expand, pay debts and unprecedented costs etc...)

-it motivates owners and workers by rewarding them so they’re more efficient and likely to continue on in the business

-it’s an indicator of success (owner knows their product is succeeding so it helps decision-making, competitors and stakeholders are attracted to the business)

-this one’s a bit wishy washy but I would say it rewards owners for their risk taking which also aids decision-making and motivates them

-there’s certainly more but off the top of my head! Good luck x
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2 years ago
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Answer: $615,810‬

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