Why Do Businesses Exist?
Shirley Jiang
March 1, 2023
Returned investments are used to increase the profit in businesses
Businesses provide the needs and wants of the consumers
Businesses add more value to the society
Businesses may be created to pursue a dream
The business may be a continuation of a family business
Business created to change/improve the world
Businesses create job opportunities and improve people skills
Businesses contribute to the country’s infrastructure
Businesses promote global growth from technology development
Businesses collects taxes from the government and pays taxes on the income/earnings
New businesses have hopes on making a profit
Businesses create goods and services