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12y ago

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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 are the benefits of profit maximization?

The people who become stakeholders of organizations intend to make a profit by doing so. The more profit a company is making, the more money there will be to allocate among each of the stakeholders. Thus, the more a company maximizes profits the more the stakeholders benefit.


How does big ben make a profit?

It doesn't make a profit as it is not a business or company.


What is for profit?

A for profit company is a company that exists to make money, and it may also serve a purpose.


What does monthly profit mean?

a monthly profit means to make a profit every month in a company.


What should be the vision of a company?

ultimately the vision of a company is to make a profit on their goods


Why does a company seek to make a profit every year?

After all the employees and the expenses have been paid off the profit is used to improve the company or its also how the owners make money


How are Dividends are paid out of profits?

Yes. companies pay out dividends to its share holders from the profit they make out of their business. The more the profit the company makes the greater would be the dividends paid out to the shareholders.


What is profit in a company?

profit in a company this is increase in revenue received by the company. profit in a company this is increase in revenue received by the company.


Is apple a nonprofit company or profit?

Apple is a profitable company. They usually make between 1 and 1.5 billion Dollars profit every quarter.


What is your goal in this company?

Be a part of important team in company and my work put more advance and profit for company ,


Why do some businesses operate in more than one country?

to expand their business and get more profit and also make name of the company through world-wide.