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It means that the operators of the business are running it so that the owners of the business will make money which they can keep themselves. In some cases it is the executives who take the profits of the company in the form of grossly inflated salaries and bonuses.
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∙ 12y ago
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IS International Profit Associates a scam?
Yes! Run the other way!
Does Non Stock Mean Non Profit?
No. Non stock may just mean the for profit company is privately held, meaning it is not a publicly traded company.
What does it mean when a company is operating in the black?
they re making profit.
Profit oriented and non profit oriented entities?
Profit oriented entities are businesses that are created and operated with the aim of generating profits in the long run. On the other hand, nonprofit oriented entities are created to fulfill a specific need in the society.
Can you sell a non-profit business?
As businesses are a created real entity and profit or loss depends on how it is run and other environmental and Time dependence factors. If you can find a buyer who is confident (have potential to turn it around to profits) you can sell it.
What is the type of profit earned by eskom in the long run?
Eskom makes normal profit in BB the long run
What is the difference between non profit hospitals and for profit hospitals?
What is difference between trust run and for-profit hospitals
How many not-for-profit hospitals in the US?
There are approximately 3,900 not for profit hospitals in the United States. A not for profit hospital is run like a non profit corporation.
What type of profit earned by eskom?
what is the type of profit which is earned by Eskom in the ling run
What type of profit is earned by eskom?
what is the type of profit which is earned by Eskom in the ling run
Can a individual run a lottery for profit?
In most places it is considered gambling and is illegal. Not for profit organizations can obtain permits from the state to run a lottery.
What do you mean by maximize profits?
profit maximization is the (short run) process by which a firm determines the price and output level that returns the greatest profit
What do you mean by cash profit?
Cash profit means profit after tax plus depreciation.
Can a monopolistic competitive firm earn long run profit?
In the long run, if a firm is making a profit more firms will enter. This will cause profit to drop. Firms will eventually drop out because of this and economic profit will makes it way to zero(a result of the invisible hand).
What does monthly profit mean?
a monthly profit means to make a profit every month in a company.
What does profit margin mean?
Profit margin means the amount of profit you make measured in a percentage. This can include:Gross Profit marginNet Profit marginMarkup Profit margin
Policies on profit maximization?
Profit maximization is a short run or long run process which a firm determines the price and output level that returns the greatest profit. The total revenue-total cost perspective is based on the fact that profit equals revenue minus cost and focuses on maximizing this difference.
