Profit, which is the money left after the owner pays all operating costs, is required so that
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Profit, which is the money left after the owner pays all operating costs, is required so that a business can continue to operate and be successful. Entrepreneurs play an important role in business by taking ideas for products and services and turning them into actual businesses. Most entrepreneurs are willing to take risks, often by providing capital, to create profitable and useful businesses.
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Regulation is the rules set by government on how business must be operated The goal of regulation th...View the full answer
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