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  • Purpose of Business
  • Business fulfil the need and wants of consumers.
  • wants not necessary for our survival but ass pleasure and comfort to our lives.
  • need and wants
  • need are thing that are necessary for survival
  • Consumer
  • Customers purchase goods and services
  • products 
  • products are physical goods or services that can satisfy consumer needs.
  • goods and services
  • Goods—clothing, cars, computers, CDs
  • hairdresser, dry cleaner, lawn care, babysitting
  • Profit Motive
  • recording and reporting financial activity and transactions
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