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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.
Is economic profit always less than accounting profit?
No economic profit is not always less than accounting profit; However, if accounting profit is less than economic profit the business would exit the industry.
Should profit be the most important business objective?
I think yes because if your not making more than you spend then there's not point having a business or trying to make money ! x
Is making a profit immoral?
Profit, in and of itself, is just merely a return on investment. It is merely making more than what was spent. That, in and of itself, cannot be called immoral. For a small business owner, such as myself, profit is my income. If my business doesn't make more than what it spends, I don't have an income. This issue of morality comes up in how I make that profit. If I make that profit by exploitation, abuse, dishonesty or other nefarious means, my means of making that profit are immoral.
How is Cadburys profit made?
They sell their product for more than it costs to manufacture and deliver.
Is profit more important than cash?
Profit and cash can be the same thing. You can have profit on the books and not have the cash because it can be tied up in various processes. Your actual disposable income is the most important.
Why are non profit entities important?
It's a good question since the status is more about taxes than profit. Non profit's do not generally pay taxes on the organization's profit.
How people are important to society?
More important than people imagine.
What did Chinese people believe was more important than the individual?
The Chinese people believed that the family was more important than the indivudual.
What is the connection between profit costs and expenses?
Profit, costs, and expenses are important within any business' profit and loss statements. The connection is that anything that is more than the costs and expenses of a product or service offered by a business is profit.
It is more important to do what is strategically right than what is immediately profitable?
It is more important in the long term to do what is strategically right than what is immediately profitable. Doing what is immediately profitable can often lead to profit issues later.
Is Manchester United a not for profit organization?
a breat club with good coulture. they are more than profit organisation. the club make more profit than any english club.
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.
What is something one considers more important than God?
Nothing should be more important than God, but some people think money is more important. nothing
Who are the important people in Romania?
The Romanian people, more than 90 % from the inhabitants.
What is it called when income is more than expenses?
profit
How do people make a profit out of child labor?
They made more by paying them less than adult workers yet their productivity was the same.
