Why Do Businesses Exist? Shirley Jiang March 1, 2023

More like this

DUTIES OF AGENT TO PRINCIPAL

by Alysa Zaity

Capitalism

by L N

L'Oréal Industry 4.0 - The Supply Chain as a business driver

by Lucrezia d'Arche

Part Time Jobs for Students

by Raven Ann Alejandrino

Why Do Businesses Exist? Shirley Jiang March 1, 2023

Businesses create goods and services

New businesses have hopes on making a profit

Businesses collects taxes from the government and pays taxes on the income/earnings

Businesses promote global growth from technology development

Businesses contribute to the country’s infrastructure

Businesses create job opportunities and improve people skills

Business created to change/improve the world

The business may be a continuation of a family business

Businesses may be created to pursue a dream

Businesses add more value to the society

Businesses provide the needs and wants of the consumers

Returned investments are used to increase the profit in businesses