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Explain how equity capital is redual …

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Explain how equity capital is redual capitat, rask bearing capital and participate in decision making or management.

Posted by Ratana Bhutra 4 years ago

CBSE > Class 11 > Business Studies

1 answers

Yogita Ingle 4 years ago

Profit is the lifeblood of business, without which no business can survive in a competitive market. In fact profit making is the primary objective for which a business unit is brought into existence. Profits must be earned to ensure the survival of business, its growth and expansion over time. No business can earn profits without satisfying customers and other sections of society similarly, business cannot render service without earning profits. Thus, the real objective of business is to earn profit by serving the interests of consumers, employees, investors, Government and the society as a whole.

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