Purpose of business

Purpose of business

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  • Purpose of Business
  • It's the business fulfilling the needs and wants of consumers.
  • Ok, i would be glad to answer it!
  •  I have a question
  • What's the purpose of business?
  • What's the difference?
  • Needs and Wants
  • When you need something the item is necessary like clothes or food.
  • Do you really need or want candy?
  • If you want it then it would be an item that would be nice to have.
  • Consumer
  • A consumer is a person who uses good or services. Many times the consumer is also the customer.
  • Whats a Consumer??
  • Products
  • A product a thing or person that is the result of an action or process or an article or substance that is manufactured or refined for sale.
  • What is a product?
  • Goods & Services
  • Services is the tasks of businesses performing or providing for customers.
  • What does Goods & Services mean?
  • Profit Motive
  • It's money that remains after a business has paid for the expenses of running the business.
  • Goods is the item of businesses that sell can be physically weighed or measured.
  • What's a profit?
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