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Profit is revenue, generated through sale of products and services, minus the costs of producing/distributing those products and services. When the revenue generated in a period of time exceeds the company's costs, the company has achieved a profit. If the costs incurred by the company exceed the revenue generated in a period of time, the company has a loss.
Wiki User
∙ 13y ago
Wiki User
∙ 7y agoA financial benefit that is realized when the amount of revenue gain from a business activity exceeds the expenses, cost and taxes needed to sustain the activity. Any profit that gained goes to the business's owners.
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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
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 profit the only business of business?
profit is not a business of business .But the business runs with a small inception of profit
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?
Profit of a business?
The profit of a business equals all income (of all types) less all epenses paid by the business gives you the net profit of the business. Most businesses produce a Profit & Loss Statement which will provide the net profit after income and expenses. http://taxresolutionaires.blogspot.com
Why is profit important to a business?
because business is all about the large profit at low budget
Why Business is doing for earning profit?
there is no man that thinks business without earning a profit.
Is the profit only a business of a business?
yes
Why is profit requirement of business?
If a business is not making a profit then they are losing money if this continues a business will reach a point in which it will have no money and declare bankruptcy.
