'finance is considered as the lifeline of business, especially in the modern day ' Give reasons for the same - Business Studies - Small Business and Entrepreneurship Development

Question

'finance is considered as the lifeline of business, especially in
the modern day ' Give reasons for the same

Vaishali Nebhwani · Accepted Answer

Dear student,

Finance involves the evaluation, disclosure and management of
economic activity It is important for the success of the business
Finance helps in the formation of the business and growth of the
business Therefore, it is considered as the lifeline of business,
as without finance no business activity is possible

Regards

'finance is considered as the lifeline of business, especially in the modern day.' Give reasons for the same