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Companies make a profit when their gross income is greater than their expenses. Expenses can include renting equipment and paying employees.
Small businesses are companies with less than 50 employees. Small businesses can also be classified according to other methods such as sales, assets, or net profits.
In a free market economy, there are no limits to a company's profitability. For the benefit of a company's employees, its shareholders, and for the payment of taxes to the government, the more a company profits, the more it helps the economy of a nation.
Credit card companies earn profits by charging interest.
title insurance companies tried to increase efficiency by automating, laying off employees, improving services, and increasing lines and regions of service through mergers and acquisitions of smaller companies.
Because profits are from taxpayers instead of their actual work output, there is no need in some minds to be efficient. Sad but true
Government is the one that implements laws, regulations, and rules that governs the whole trade and commerce industry - and so whatever their actions are, if largely affects how business and companies earn profits from consumers and through their selling.
All companies strive to have their profits increase every year. One way that this can happen, is to have the employees have a good attendance record so the work gets done.
Higher gas prices, more tax money.
Capitalism is an economic system in which private companies run their business solely without government intervention. These private companies decides own their own , what product to make, where to sell, cost of production. profits on sales etc.
companies compete for profits. just finished my quiz on apex. :)
to earn profits