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explain the Role of Profit in the Business.
explain the Role of Profit in the Business.
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Profit is a source of capital for expanding and diversifying a company’s operations. A portion of profits might be kept to boost the company’s volume. A corporate enterprise’s reputation grows as profits climb over time. When money generated from a commercial activity exceeds the expenses, expenditures, and taxes involved in maintaining the activity in question, profit is earned.
Profit is a source of capital for expanding and diversifying a company’s operations. A portion of profits might be kept to boost the company’s volume. A corporate enterprise’s reputation grows as profits climb over time. When money generated from a commercial activity exceeds the expenses, expenditures, and taxes involved in maintaining the activity in question, profit is earned.
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