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.
When
there is no man that thinks business without earning a profit.
Gross Profit or Earning Before Interest and Tax (EBIT) Less : Interest Earning Before Tax (EBT) Less : Tax Net Profit or Profit After Tax (PAT)
In a way profit could be considered an asset but its a stretch. Profit is term used to describe the earnings left over after you subtract the expenses related to the earning of that profit. The retained earnings would actually be the asset. The term profit is just a way to tell if your business is making money (or profitable) and doesn't really fall into the asset category. You will not see profits on a balance sheet rather you will see earnings.
Yes
because taxes are un-neccesary expenses for an business firm and it also decreases the amount of profit it makes a mind of owner thinks "that if he is earning then why to share it with any one(government).
Because profit is the only one that keeps the doors open.
wala lang
Managers have a duty to their investors to make money. When they fail at this, they could be sued by their investors.
there is no man that thinks business without earning a profit.
one of the objectives of a business is to earn profit to improved their wealth.
Profit earning
To make a profit
profit earning
* Profit Earning * Employment generation * Demand creation * Risk taking * Survivul & Growth * Contribution to regional economy * Profit Earning * Employment generation * Demand creation * Risk taking * Survivul & Growth * Contribution to regional economy
Earning money is a businesses main objective because it has investors that expect a return on their money. When businesses don't make money they stop existing.
to offer product or service and get a profit
Earning power is typically used for companies, not countries. It refers to a business's profit earning potential, which is calculated by analyzing a number of metrics.