Business Concern with Profits. How Far Do You Agree with This Statement?

BUSINESS CONCERNS WITH PROFIT. HOW FAR DO YOU AGREE WITH THIS dictation? 1.0INTRODUCTION What is railway line? Referring to Stephenson, defines concern as, The regular production or grease nonpareils palms and sale of goods undertaken with an objective of earning profit and acquiring wealth by the satisfaction of human necessitys. According to Dicksee, Business refers to a word form of action conducted with an objective of earning profits for the benefit of those on whose behalf the activity is conducted. Lewis Henry defines business as, Human activity directed towards producing or acquiring wealth through buying and selling of goods. Generally, business is the exchange of goods or services that involve money or moneys worth as a return. The main objective of a business is the intention of earning profits as a return of a business for a individual who do a business. What is profit? Through the InvestorWords.com, profit is The collateral gain from an investment or business operation aft(prenominal) subtracting for all expenses which is the opposite of loss. For example, if you are selling goods that cost you $15 and you are selling it for $20, the difference of the cost and goods sold ($5) is the nice profit.

From our point of view, profit is not only a motion of a dollar and cents but above all, profit is besides classified as the non money gain by the business activities which is also the social profit depends on the organization that runs the business. withal though profit is the main concern of a business, former(a) business objectives is the activity of satisfying human needs and wants which is also the social obligation at the same time. 2.0FACTS & ISSUES An example of one country, America is based around pursing ones possess self-interests. This is how America became great. Many of the greatest inventions and companies have been developed because of self-interest. No society runs on anything else; Communists, Socialist, Democratic, they all run on different... If you want to get a full essay, order it on our website: Ordercustompaper.com

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