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Why does a business exist?

Updated: 9/11/2023
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11y ago

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A business simply exists to make the shareholders more wealthy. The people who own the company wether it is a rich tycoon, a single operator of a business or even the government. The real question is what do share holders do with the retained profit, a tycoon may keep it for them selves, a single operator may give it to charity and the government very offen will re invest and serve the public as a non profit organisation

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