What is the goal or purpose of business

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There was once a student who wanted a business degree. This student was overheard one day saying the following: Why do I have to take Accounting? I am not going to be an accountant! Can you make a case for accounting in the BBA program?

Please formulate your response to help this student understand why accounting is important. You may want to consider the following:

What is business?

What is the goal or purpose of business?

Is profit necessary? Why or why not?

Reference no: EM131188999

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