Why businesses exist
- Created by: asfeefsadvf
- Created on: 01-02-18 19:35
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- Why businesses exist
- not-for-profit
- charity
- public sector
- Earn income to cover the cost and surplus is put back into the business
- more than profit (social enterprise)
- achieve social objectives
- use the profit to benefit society
- main objectives
- profit
- highest quality product
- stability and reasonable incomes
- satisfy cusomers
- Reasons to set up businesses
- Financial
- personal
- independence
- can't find a job
- desire to put ideas into practice
- help others
- not-for-profit
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