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After all the employees and the expenses have been paid off the profit is used to improve the company or its also how the owners make money

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2013-02-17 22:45:26
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Q: Why does a company seek to make a profit every year?
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Related questions

A firm that does not seek to make money is a what?

Not-for-profit organization


What do you understand by profit oriented and non profit oriented entities?

A profit oriented entity is one whose goal is to make profits from its services or products. A non profit entity is one that does not necessarily seek to make profit but has set out other goals.


Why did the Virginia Company seek to develop the colony of Virginia?

For profit although a concurrent political goal was to check the expansion of Spanish Florida.


Why did European government seek out colonies?

to expand land and get a profit


What is the main goal of the Cato Institute?

The Cato Institute is a research facility. They focus on public policy and seek to limit government while increasing individual freedom. They are a not-for-profit company.


What was the colony of Maryland founded for?

As a haven for English Catholics and to seek a profit.


What was the Maryland colony founded for?

As a haven for English Catholics and to seek a profit.


What are Public schools charities and government agencies generally?

Do not seek to earn a profit


What is one effect of the profit motive?

It pushes companies to seek to eliminate competition.


Why did you decide to seek a position with this company?

There are many reasons why you may have decided to seek a position with a particular company. You may like the pay for example.


Do you seek any challenges in a position?

Every position in a company comes with a particular set of challenges. If the employee is willing to accept these challenges then the job will be more enjoyable.


Do you seek any particular challenges in a position?

Every position in a company comes with a particular set of challenges. If the employee is willing to accept these challenges then the job will be more enjoyable.

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