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Who was attracted by profit motive?

Updated: 9/30/2021
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6y ago

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People of high ability and ambition into business.

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Alphonso Nicolas

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2y ago
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Q: Who was attracted by profit motive?
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Who was attracted by the profit motive?

People of high ability and ambition into business.


How do you use profit motive in a sentence?

They had a profit motive, so they did not care about what the work did to the environment. Their profit motive helped progress their ideas for doing business.


What is your personal view on profit-motive?

motive only of profit! BOOM! stop copying from the internet!


Why in a free market system producers are motivated to reduce costs and increase revenues?

The Profit Motive


In a freemarket system producers are motivated to reduce costs and increase revenues because of which of the following?

Profit Motive


What gives companies an anti-competitive impulse?

An anti competitive impulse is given to a company through the profit motive.


What is the motive of bank?

A bank is a business so its main motive is to make a profit.


Incentive for a person to make money for himself?

profit motive


What is profit motive?

Profit is the difference between cost and proceeds. If the proceeds are more than the cost then one is said to be in profit. Having motivation to achieve proceeds more than the cost is known as profit motive.


How do partnership support the profit motive of entrepreneurs?

Partnerships create better results and hence a larger profit for the entrepreneur (profit motive). When two entrepreneurs is one unit instead of two separate, they have a bigger chance of making a profit.


What is a profit motive 3 paragraphs plzz help?

The term profit motive is used in economics. It means the concept or goal a company uses to make money.


What gives companies an anticompetitive impluse?

the profit motive