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The simple reason behind is that Google loves fresh content and if you have a blog with fresh and unique content every day you get good benefits for your business from Google.
Google loves blogs because blogs offer fresh and new ideas from various people of different characters and personality. Also, it's a way of creating links to other blogs as well.
its not just that google likes blogs even other search engiene like yahoo and MSN and others too like blogs as they update more frequntly comared to web sites and search engines prefer fresh content more than the same ond content.
However blogs has a good and user friendly information,thoughts. These how it helpful to get gain more visitor to the website. As user increases the website ranking increasing too.
Blog is the place where you will get quality content. Usually many companies will have blog in their own website in order to share some thing with the people.