Why Businesses Exist?

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Mind Map on Why Businesses Exist?, created by Joann Fernandes on 16/08/2018.
Joann  Fernandes
Mind Map by Joann Fernandes , updated more than 1 year ago
Joann  Fernandes
Created by Joann Fernandes over 7 years ago
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Why Businesses Exist?
  1. They start when somebody decides that they can make profit by making goods or by providing a service and selling it people who are willing to pay for it.
    1. The most main object for a business is:
      1. To make profit so that they survive.
        1. If the.re is no profit made the business will go bankrupt and will have to close down
      2. The less important objectives that businesses only pursue if it helps them make profit in the longer term are:
        1. 1. Try to be he biggest in the market. 2. Try to provide the highest quality product possible. 3. Try to limit the environmental damage they cause.
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