Asked Jan 28, 2019

How does the economy defined the business financially


Expert Answer

A business is part of the economy, where goods and services are exchanged or sold at a particular time. Business is an organization where investment is an essential factor and it also leads the business at a higher level. When any investor or a businessmen invest then he expect some profit from that organization. It means investment and profit both are significant factor and in absense of any factor it is impossible to run business.  Apart from this, in busines, decision making is also an vital factor to decide best action among two or three course of action. 

In any economy, business is very important as it is the engine of growth, which provides employment and allow people to make money by the excahnge of goods and services. In absense of this organization, no economy could be succeed.  Businness sell goods and servic...

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