Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Transcribed Image Text:Time left 0
The most important function of a business is
Select one:
O a.
Investment
O b, Dividend
O c.
Finance
O d. Profits
e.
None of the options
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Expert Solution
Explanation:
Finance is the most important function of an organization because running of operations and administration, everything needs money. Without finance there won't be any investment and without investment there won't be any profits and without profits there won't be any dividends. Hence without financing any organisation be it a company, NGO, society or a government can not be imagined.
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