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What is the importance of profits?
Profits - Expense = Savings and Investment Profits keep a business going as long is it is more than expense.
Who are the people interested in finding new business opportunities and new ways to make profits?
Entrepreneurs, were interested in finding new business oppertunities and new ways to make profits.
This type of business organization has one or more individuals sharing in profits?
A partnership is a business where two or more people come together to start and run a business. Some of the attributes of this type of business is that two or more people share in the profits and losses.
What is objective in business?
A business' objective is to make money. They are in business to make money for their stockholders. They sell products and services to maximize their profits.
Would magnetic business cards be a good way to make my business name known?
Magnetic business cards can help you advertise your business and get your name in front of potential customers and bring in more profits and customers to your business.
Why did business leaders form trusts in the late 1800s?
They were used to take over small business, and form monopolies.
Explain the difference between Profit Gain?
Profits are what you are in business to make. Gains are coincidental increases in net assets unrelated to the primary business operations. If you are a clothing store, you make profits off of selling clothes. When you sell an old piece of equipment for more than it's worth on your records, it is a gain.
What are the profits of business telemarketing?
if you are an amazon seller i will help you to tell you that the most important thing is how to increase your profits, so I will introduce you to a tool that will double your profits for you to know more : snip.ly/tkynz2
The owner has unlimited liability but collects all the profits from a business?
When an owner has unlimited liability and collects all of the profits for the business they are considered a sole proprietor. They can make all of the decisions about the business without dealing with a partner.
This type of business organization has one or more individuals sharing in this profits?
partnership
How can profit make a company more effective and competitive?
Profit can make a company more effective and competitive in the market in various ways. The company will have more resources which it can pump into the business and do better promotions and adverts which will translate to even more profits.
What is the main aim of a business producing good and services in a market economy?
To make profits
