Title: Importance of Business | Grade 11 Management Notes | TyroCity
Headings: Importance of Business
Importance of Business
Importance of business:
Go back to subject
Have a Question

Content: 8. Provide investment opportunities: Establishment of new industries and commercial fields are the major source of investment. Further the profit owned by the investors after the successful operation of business helps to ensure larger amount of saving which can be invested in the newer future for pension of current business or establishment of newer business. Thus, business helps in providing investment opportunities. 9. International relations: Business is the medium for development of national and international relationship. It helps to maintain harmonious relation among the various countries. There can be mutual understanding and better diplomatic relationship among the countries.