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What does profit in business mean?

Updated: 9/26/2023
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Q: What does profit in business mean?
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Is profit the only business of business?

profit is not a business of business .But the business runs with a small inception of profit


What are the objectives of business?

one of the objectives of a business is to earn profit to improved their wealth.


What does profit?

Profit means the difference between revenues and expenses. This left over amount is the business owner's reward for the risk they took in undertaking the business.


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?


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.


What are 3 motivations of a business?

Profit, profit and profit.


Is apple a profit or non-profit business?

profit.


The importance of profit to a business like HMV?

the importance of profit to a business?


What does business activity mean?

I'm not sure there is a legal answer to that, but I think of it as an activity with profit as its motive.


Can a non profit organization operate under the umbrella of a for profit business?

== == I'm not sure what you mean by "umbrella". It cannot be a part - like a division - of a for profit business. I presume you mean can a qualified tax exempt not for profit Incorporated entity be a subsidiary of a for Profit Co... No. A zillion reasons, but lets leave it as it couldn't be a qualified NFP entity. ::edit:: A for-profit business can in fact start a non-profit. Of course, there are stipulations regarding management, operation, board structure, and inurement of funds, but the underlying point is that, though challenging, it is possible. http://www.socialedge.org/features/skoll-world-forum/discussions/business-models/creating-a-hybrid-for-profit-non-profit-social-enterprise-structure/view ::end edit::


Can a for- profit business operate under the umbrella of a non-profit organization?

== == I'm not sure what you mean by "umbrella". It cannot be a part - like a division - of a for profit business. I presume you mean can a qualified tax exempt not for profit Incorporated entity be a subsidiary of a for Profit Co... No. A zillion reasons, but lets leave it as it couldn't be a qualified NFP entity. ::edit:: A for-profit business can in fact start a non-profit. Of course, there are stipulations regarding management, operation, board structure, and inurement of funds, but the underlying point is that, though challenging, it is possible. http://www.socialedge.org/features/skoll-world-forum/discussions/business-models/creating-a-hybrid-for-profit-non-profit-social-enterprise-structure/view ::end edit::