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Commerce FROM 4 art

CHAPTER 2 : THE ENTERPRISE

ECONOMICS AND SOCIAL ROLE OF AN ENTERPRISE
  1. Economic role:
  • The economic role include the provision of revenue to the state through the payment of taxes
  • Enterprises provide employment opportunities to their citizens
  • It improve the development of the country through investment
  • Enterprises bring in foreign exchange earning into the country through exportation. Enterprises contributes through the GDP of their country.
  1. Social role:
  • Enterprises provide social services such as health, education, water, electricity etc.
  • Enterprises provide a variety of goods which improve the living standard of citizens
  • They also finance humanitary services like; giving aid.
par Claude Foumtum
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