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there is no man that thinks business without earning a profit.

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16y ago

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Related Questions

What is the primary goal of the business?

Profit earning


What is the functions of strategic business units?

profit earning


What other objectives might a business have besides earning a profit?

wala lang


Why is earning profit considered as only one of the objectives of a business?

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.


What is the earning power in Canada?

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.


Why is earning profit considered as the only one of the objectives of business?

Because profit is the only one that keeps the doors open.


Is earning after tax is the same as net profit after tax?

No. Your earning after all of the taxes and other things that your employer has to withhold would be your net paycheck tax home pay for that pay period.A business operation would have a gross income or sales less all of the ordinary and necessary expenses of the business operation then they would come up with the net profit or net loss from the business operation.From this business net profit the taxes would be calculated and paid.After that they would have the net profit amount after taxes.


What does business income mean?

The earning generated by way of profit, selling of property, commision or any other form by the company can be called as business income and is reflected in the Profit & Loss A/c and Balance Sheet of the company.


Why is earning profit considered as one of the objective of business finance?

Well, every business finance anywhere in the world is guided by profit motivation. Without profit motivation, no business finance can be fruitful and the organisation is bound to be debarred from growth and natural expansion. In competetion scenario,no organisation can even survive without the goal of earning profit. The organisation is answerable to the share holders, as the later would not be foolish to retain shares in a loss making organisation.Since profit in business covers the cost of production and also create a surplus for undertaking expansion and diversification work and leads to the survival of business. Hence, it is considerd as one of the objective of business finance.


What is the impact of profit and loss on a business's financial performance?

The impact of profit and loss on a business's financial performance is significant. Profit indicates that a business is generating more revenue than expenses, leading to growth and sustainability. On the other hand, losses indicate that a business is spending more than it is earning, which can lead to financial instability and potential closure. Monitoring profit and loss is crucial for assessing the overall health and success of a 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.


Why is earning profit considered as only one of the objective of business?

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.