Sample Solution from
Foundations of Business (MindTap Course List)
6th Edition
ISBN: 9781337386920
Chapter 1.1B
Problem 1CC
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Summary Introduction

To determine: The reasons for advising someone to study business.

Introduction: The term business is defined as the planned exertion of people to manufacture and trade, for revenues, the goods and services that fulfill the requirements of the people. A business must be designed in such a way that it is managed efficiently, gratify the needs and should make profits.

Expert Solution

Explanation of Solution

The reasons for advising someone to study business are as follows:

  • To help in picking an appropriate profession.
  • To help in becoming a successful worker.
  • To help in enhancing the administration abilities.
  • To help in beginning a new business.
  • To help in improving as an educated customer and financial specialist.
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