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Profit is a backbone of a …

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Profit is a backbone of a business without profit business can't run in market justify this statement

Posted by The Angel 7 years, 7 months ago

CBSE > Class 11 > Business Studies

2 answers

Lovely Dhawan 7 years, 7 months ago

Yes it is right bcz the businessmen takes risk to earn profit....the businesses where the profit is very little or no profit at all close down very quickly

Syed Khabib 7 years, 7 months ago

Yes ,the given is right because with profit a business cannot run in any market for a long period of time. Profit is one of the main objective of the organisation.

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