Question
State four reasons why people engage in business activities.
Answer
i) Creation of employment(for self/others)
ii) Provision of goods/services(to others)
iii) For profit generation/maximization
iv) For prestige/enhance own image in society
v) To acquire what they lack
ii) Provision of goods/services(to others)
iii) For profit generation/maximization
iv) For prestige/enhance own image in society
v) To acquire what they lack