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Worthwhile actions/efforts + money + time = profit or gain (maybe emotionally, physically, mentally or financially gainful)
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∙ 13y ago
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Is profit maximization an appropriate for a business?
Profit maximization is the ONLY appropriate goal for a business. Even under a so-called "social responsibility" regime, a business only engages in such schemes because it thinks it can increase profits by doing so.
Why is earning profit considered as only one of the objectives of a business?
Not really its the only objective of every business. It's a prior or u can say most important objective of business. Once you start earning profit then you can achieve associated objectives to it easily. In result, business will grow further.
What are the possible causes fo retained earnings?
only PROFIT WHICH IS RETAINED IN THE BUSINESS
Why Business is doing for earning profit?
there is no man that thinks business without earning a profit.
Do you agree with Milton Friedman that the only responsibility of business is to maximize profit?
Apart from maximizing profit, the business community has social obligations to fulfill along with generating employment, thus accelerating the progress of the national economy.
Is profit the only business of business?
profit is not a business of business .But the business runs with a small inception of profit
Is the profit only a business of a business?
yes
How can profit motivate you to own your own business?
Profit can not motivate ANYONE to own a business. only its APPLCATION CAN!
Why is earning profit considered as the only one of the objectives of business?
Because profit is the only one that keeps the doors open.
Is business of business only business?
Business is a vast term and has many things in it . Its is an only business but it contain profit, growth, risk, losses or troubles etc so its is only business but contain every thing.
Why is profit important for a business?
profit is important for a business because without profit there is no business. they need to generate profit to keep the business alive. profit well help the move up the business ladder to become a more successful business !
Why profit is needed to business?
why is profit requirment for a business?
Is profit maximization an appropriate for a business?
Profit maximization is the ONLY appropriate goal for a business. Even under a so-called "social responsibility" regime, a business only engages in such schemes because it thinks it can increase profits by doing so.
What are the irrelevance of profit to a business organization?
There is mention of relevance of profit in regard to a business organization, but no mention of irrelevance of profit in business.
Why is earning profit considered as only one of the objectives of a business?
Not really its the only objective of every business. It's a prior or u can say most important objective of business. Once you start earning profit then you can achieve associated objectives to it easily. In result, business will grow further.
What is the original form of business when a person do not invest in the business but he has been hired for running the business and he claims only share in the profit?
Agency.
What are the possible causes fo retained earnings?
only PROFIT WHICH IS RETAINED IN THE BUSINESS
