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I think yes because if your not making more than you spend then there's not point having a business or trying to make money ! x

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14y ago
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Q: Should profit be the most important business objective?
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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.


Can profit be regarded as the sole objective of business?

nop!


Short term profit maximisation is not appropriate objective for a business?

Because business take the long term aspects of the business and for that wealth maximization is more important than anything else.


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 !


What is a business organization?

a business organization is a group or a unit of people working together with a commen objective of profit maximization.but profit maximization is not the only objective..they also satisfy human needs and wants by producing goods and services


Profit can be no more the objective of business than eatin is the objective of living what does this statement imply?

profits can no more be the objectives of business than eating is the objectives of living


Why is profit important to a business?

because business is all about the large profit at low budget


Why profit is not important to a business?

Profit is important to businesses because it is how they continue to remain open. When a business isn't profitable it will cease to exist.


Why is derivatives important?

the simply meaning of derivative is a market which is helps to minimized the risk of loss. and the main objective if any business is to bring maximized profit to company so that's the reason to derivatives is important.


Why retained profit is important to a business?

retained profit is important to a business because it helps in maintaining the business secrets as the business is using the internal source of finance, is also important because it is a way of saving interest


What inspires you to built this business?

profit oriented is my objective backed by the supply of goosds of high quality


Why is profit important to businesses?

If there is no profit the business fails because thats the reason for the business in the first place. :-)