ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Therefore Finance is called the lifeblood of a Business Organization, without it, the heart or brain of a business cannot function. Finance is a broader concept. It refers to Money though it is used with different names such as Cash, Capital, Funds, etc. It is used in different situations with different implications.

Detailed explanation-2: -Answer: Sales are the lifeblood of every business. There are no customers, no revenue, no profit, no business without sales.

Detailed explanation-3: -Cash is the lifeblood of a business, and a business needs to generate enough cash from its activities so that it can meet its expenses and have enough left over to repay investors and grow the business. While a company can fudge its earnings, its cash flow provides an idea about its real health.

Detailed explanation-4: -Solution. The lifeblood of a business is finance.

Detailed explanation-5: -Although every decision has an extensive impact on the company’s future, the most important decisions are those associated with its financial aspects. In fact, accounting is often considered as the lifeblood of a business as it is the main factor that determines a company’s success or failure.