The correct answer is B; one of the best measures of success for businesses and their entrepreneurs is Profit. The primary reason why most entrepreneurs set up businesses is to make profit
Profit is certainly one of the measures of success for businesses and their entrepreneurs because if entrepreneurs fail to make profit in their businesses, it will not survive. In other words, for any business to survive, then it must make profit.
Further Explanation
Profit can be defined as the return that entrepreneurs make in their business; it is the reward they get for taking a risk. Profit is a major form of finance for many businesses and it is a major motivating factor for entrepreneurs for them to remain in business.
Profit is the money that entrepreneurs make from their businesses after accounting or subtracting all expenses.
Profit is the reward that entrepreneurs want when they make an investment and take a risk.
Profit helps to create positive cash flow in a business and it’s certainly a major factor that keeps businesses moving. If a business fails to make profit, such business will find it so hard to survive.
Therefor, profit is one of the best measures of success for businesses and their entrepreneurs.
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KEYWORDS:
- measures
- success
- businesses
- entrepreneurs
- profit
