BUSINESS STUDIES
CLASS 11TH
CHAPTER - 1 NATURE AND PURPOSE OF BUSINESS
(PART-4)
Subtitles used in the video
Hello,
guys.
Now we will talk about the role off property.
In the previous video we have talked about what is No.
So what other projectors off a business?
Now we'll talk about,
and in that we have discussed that economical fourth economic objective of on.
Now we will discuss what is the role of a property based first of all of our
properties,
too.
The source off in complected is the source of income.
First,
whatever business is is or what are the functioning off the business in that
for that,
as it is on the business,
owns a profit and that is considered to be in in controlling it's
access is also final,
like open case.
This needs any type of capital,
any kind investment in Britain.
It's like if it machinery or any kind of fast,
then In that case,
the profit that a business owns is considered to be a source of finance than that
profit is.
Play a sport,
the that kind of machine or that kind of asset that the business wants superstate.
Next is the appreciate working like profit.
That this phone has functioning helps inefficient world
make whatever the price business helps in making sure that
that would be like learning a huge amount of profit and makes up.
That makes the customer shareholders in other participants off a market that this business
is quite property ever,
and it is also smooth and efficient working off the business.
Texas well as the profiting visual as profit off a
business off Elizabeth,
profit off a business,
and that basically means that the court will of the businesses won't support.
It means,
if you have a higher profit higher court with lower profit Lower Broadway next city
Baldauf risk appearing city Basically considerable period
is to be good in order off his rescue.
So,
you know,
board or as a report,
it's a kind of income model reward that taste from business is
considered to be at the world water.
It's now,
um,
overhead.
There is a statement that its profit should not be the sole objective of this.
That correct state profit is the that is still true.
Profit should just full of that basically means Saturday
profit should not be profit.
Profit profit should not be done.
Only object you should have other effective or,
I think,
if any case,
the business often that they should earn profit only,
and they would ignore everything that is.
Ignore the interests of workers.
It more than trust of customers,
ignore that society no longer meters off the best,
then in that case,
the business phase that we shall ignore all other interesting.
So all other things we've on Lee and in that case,
with help,
or it will harm the interests of the workers that are indulged in the that will
harm the interests of the customers.
That is the business if indulging in in orderto on on the profit.
And it basically means that the businesses providing less quality goods or courts which are
not awful would standard than in that period results and the
then interest of the society also and then long term interest.
Like customers,
the work or the sides.
They are very hard right This nobody will want to stable.
Then it will also win further in longer term with arm the interest.
It's not that is all about it,
and we will discuss more about it.
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