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How do partnership support the profit motive of entrepreneurs?

Partnerships create better results and hence a larger profit for the entrepreneur (profit motive). When two entrepreneurs is one unit instead of two separate, they have a bigger chance of making a profit.


What are the types of enterprise?

A business enterprise is an entity that engages in activities to produce goods or services with the goal of making a profit. There are many types of business enterprises, including corporations, cooperatives, and partnerships.


What is the difference between profit making accounting and not for profit making accounting?

The difference between profit making accounting and not for profit making accounting is, that question should answer itself! 8^0


Is there ever going to be a movie on mahabharat?

Only if someone believes they can make a profit from making it.


What is profit seeking organization?

Some organisations,such as companies and partnerships, see their main objective as maximising the wealth of their owners. Such organisations are often referred to as 'profit - seeking'


What are profit making businesses?

Those organisations whose only motivation is to make profit are called profit making business houses. In fierce competition scenario, these business houses fight for their share of profits by any means - be it in honest or fradulent means.


When two people own a company?

Partnership: A partnership is a business owned by two or more people. In most forms of partnerships, each partner has unlimited liability for the debts incurred by the business. The three typical classifications of for-profit partnerships are general partnerships,


Are there any negative effects of child labor laws?

No. Children need protection from exploitation by unscrupulous adults who are only interested in making a profit by using cheap labor. There is no justification for exploiting children.No. Children need protection from exploitation by unscrupulous adults who are only interested in making a profit by using cheap labor. There is no justification for exploiting children.No. Children need protection from exploitation by unscrupulous adults who are only interested in making a profit by using cheap labor. There is no justification for exploiting children.No. Children need protection from exploitation by unscrupulous adults who are only interested in making a profit by using cheap labor. There is no justification for exploiting children.


What is Profit-making companies?

A profit making organisation is an organisation which its priority is to make a profit rather than to help the community.


Would the electric company b most likely be a profit or nonprofit corporation?

A utility company is a profit making corporation. They distribute electricity or other resources for a fee, and the proceeds only benefit investors and employees.


What is inter-organizational partnerships?

Inter-organizational partnerships refers to cooperation between different entities or firms. These partnerships may be aimed at making business much easier and successful.


Why are interorganizational partnerships so important for todays companies?

As the external environment threatens the sustainability of many companies, businesses can fight their decline through inter-organizational partnerships. The collaboration can lead to profit in different areas.