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What is the money that is gained for goods or services by an individual or business?
Income or also Revenue
What is objective in business?
A business' objective is to make money. They are in business to make money for their stockholders. They sell products and services to maximize their profits.
What is the role of business in economy?
Business keeps the money flowing. When somebody spends something at a business, the people working there have extra money to spend on something else, which gives the people at another business extra money to spend...etc. When theft occurs, people start saving money, or don't have extra money to spend, the economy slows down.
Why are costs profit and revenue important?
Revenue is important because it is the money that comes into the business and the business will be able to use it on any possible equipment or resources that are needed. Profit is important because it is the money the business has after deducting all the costs. The business will be able to spend this money on any equipment or resources that are needed. Costs is important because it helps the business see how much money this business will have after payng for all the costs.
How business affect economy?
money
What is a large place store money or other valuables?
What is a place to store money or other valuables
Which country was not taken over in World War 2?
Switzerland was not taken over by Hitler but he certainly used Switzerland to hide millions of dollars of money belonging to the Jews. He hid art and other valuables there too.
How much money you need to start a business?
The amount of money an individual needs to start a business depends on the size and type of business the individual wants to create. Advice on this is available from a local bank or a consulting firm.
What is the name of a room where money and valuables are kept?
a vault.
What are the money and other valuables that belong to a corporation?
Assets.
Is money invested in a business by an individual or a group of individuals in exchange for equity in the business?
Venture Capital
The capital money for the business is provided by one or moe individual?
partnership
What is capital money for the business provided by one or more individual?
partnership
What is the name of the room in a bank where money and valuables are kept?
Safe
What is the name of a room in a bank where money and valuables are kept?
Safe
Can a business loan money to an individual?
No, a business typically cannot loan money to an individual. Business loans are usually provided to other businesses or organizations, not to individuals. Individuals typically obtain loans from banks, credit unions, or other financial institutions.
What are lock boxes mainly used for?
Lock boxes are usually used to store valuables or items of safekeeping. Typically an individual will purchase a lockbox to keep jewels, money, or family heirlooms.
