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no charities dont aim to make a proffit because it goes towards oparations and treatments
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∙ 12y ago
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What is aim of production?
The main aim of prodution is profit as the manufacturing compnies just aims for profit.
Not-for-profit organizations must make economic decisions?
Yes, the term "not-for-profit" doesn't mean those organizations do not aim at maximizing profits. Just they are not distributing the profits to their shareholders or owners but using the profits to achieve the organizations' goals.
Will a monopoly always produce at a profit-maximizing level of output?
Most businesses aim to operate at its profit-maximizing level at all times, but many factors make this nearly impossible. For instance, if they are short on workers they wouldn't be able to maximize profits.
What are the criticism of profit maximization?
In profit maximization, the ultimate aim of the business is profit. When profit is the main target, focus on other factors like investment, expansion, usage of the product, creating goodwill, ethics, etc., are lost or given minimum priority.
Why do firms produce multiple products?
Firms produce multiple products because the aim is to be a producer that maximizes profit. Firms produce multiple products to get maximum profit.
What is the different between commercial and non-commercial organisation?
Commercial organization aim to make a profit from their commerce whereas non-commercial is based on non-profit for example charities.
What is person culture?
Person culture refers to a type of organizational culture where individuals have a primary focus on their own needs, goals, and desires rather than those of the organization as a whole. In person culture, there is often a lack of cohesiveness and collective identity, as individuals prioritize their own success over that of the group. This can lead to a more individualistic and less collaborative work environment.
What are Aim and objective of JD sport?
is to make profit best answer in the world
What is the aim of all business?
To make a profit - to get more money than they spend.
Which charities are for profit?
Charities by definition are non profit. The term comes from the IRS 501 c 3 distinction which allows certain nonprofits to accept charitable donations, meaning donations to the organization are tax deductible. There are other nonprofits that do not have that distinction and are not considered charities. Some charities own for profit subsidiaries or social enterprises, yet the charities themselves are still nonprofit. Some states, have introduced new corporate structures that both benefit society and are for profit, yet they are not charities. Non profit does not mean the agency loses money or has to break even every year and for profit does not mean it has to make money. Some nonprofits earn significant revenue and some for profit companies lose money. Nonprofit is a tax status and charitable is a distinction under that status.
What is aim of production?
The main aim of prodution is profit as the manufacturing compnies just aims for profit.
Can a company make a profit and still not be profitable?
Yes. If this company gives all its profits to other organizations such as charities.
Does oxfam aim to make a profit or is it purpose to provide a public service?
Yes They are a charity Profit goes to those they are helping Oxfam = Oxford Famine
How did the members of dutch east India company aim to make profit?
opium sales
What is brain behind the business?
The brain behind every business is that the manager or share holders are on the profit making their aim is to make profit
What is the brain behind every business?
The brain behind every business is that the manager or share holders are on the profit making their aim is to make profit
Aims of a voluntary sector business?
The voluntary sector consists mainly of non-profit organisations like charities so you can instantly conclude that they don't exist to make profit.
