No products in the cart.

profit is the primary motivating force …

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Install Now

profit is the primary motivating force for economic activity. do you agree? give any four reasons

Posted by Amrinder Waraich 4 years, 4 months ago

CBSE > Class 11 > Business Studies

1 answers

Gaurav Seth 4 years, 4 months ago

Profit is the primary motivating force for an economic activity, reasons for the same are:

1. It is essential for survival and growth of business.
2. It measures the efficiency and the progress of a business.
3.It measures the worth of an owner's investment.
4.It act as a means of self financing, it helps to attract capital from outside.
5. It increases credit worthiness of business.
6.It is the reward for taking risk, it motivates people to start or invest in a business.

0Thank You

ANSWER

Related Questions

Have you ever witnesses any shop or a business get in closed in your locality.interact with the owner to find out the reason for it closer or losses incurred. Prepare a project report on the factor to be considered for starting any business

Posted by Rajesh Agrawal 4 months, 2 weeks ago

CBSE > Class 11 > Business Studies

1 answers

This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

Few rules to keep homework help section safe, clean and informative.

Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

Posted by Sanya Miglani 4 months, 2 weeks ago

CBSE > Class 11 > Business Studies

0 answers

Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

Posted by Shally Sinha 4 months, 2 weeks ago

CBSE > Class 11 > Business Studies

0 answers

What's the business

Posted by Ranjit Verma 4 months, 2 weeks ago

CBSE > Class 11 > Business Studies

0 answers

Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

Posted by Nikunj Mittal 4 months, 2 weeks ago

CBSE > Class 11 > Business Studies