0
What else can I help you with?
Can profit be regarded as the sole objective of business?
nop!
When a specific level of profit is set as an objective what objective is called?
When a specific level of profit is set as an objective, it is called a profit objective or profit target. This type of objective focuses on achieving a predetermined amount of profit within a certain timeframe or from specific operations. It is often used in business planning and financial management to guide decision-making and measure performance.
Profit can be no more the objective of business than eatin is the objective of living what does this statement imply?
profits can no more be the objectives of business than eating is the objectives of living
Why is profit part of a firm's objective?
Profit is what is left over from a business after the bills are paid. without profit the company can not afford to re-invest in capital or have money to pay stockholders
Why Profit maximization can never be the objective of a firm?
Profit maximization IS an objective of a firm, but its not the ONLY objective. A firm will have different long term and short term goals which will vary depending on the current business cycle. If you need a more specific answer, please ask a more specific question. - Stavka
Can profit be regarded as the sole objective of business?
nop!
Who receives the profit from a sole proprietorship?
Either the sole proprietor or the profit may be reinvested in the business in which case the sole proprietorship.
Why do people engage in business?
People engage in business to make money and get returns on investment. This is the sole objective of any type of business.
Is the profit sole objective of business organizations yes or no with real life examples?
There are many arguments on this question. The most important thing to focus on as a business in growth. It is only through the growth of your company that you can earn huge profits.
What are the local sample business unit the various objective that pursue?
If you have read about sole proprietor then i think you should not face any problem because the answer of this question is the objective of sole proprietorship.
Characteristic of a sole trader?
the characterististics of a sole trader are: -unlimited liablitity -only one person controls the business which is called the sole trader - financial infomration is only visible for the owner of the business - the sole trader can keep all profit made by the business - it is a unicorporated business
What is a business organization?
a business organization is a group or a unit of people working together with a commen objective of profit maximization.but profit maximization is not the only objective..they also satisfy human needs and wants by producing goods and services
Profit can be no more the objective of business than eatin is the objective of living what does this statement imply?
profits can no more be the objectives of business than eating is the objectives of living
A business owned by one person who takes all the profit is called what?
Sole Proprietorship
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 inspires you to built this business?
profit oriented is my objective backed by the supply of goosds of high quality
Some have argued that the objective of a business organization is to just make profit?
The statement is true (with the exception of the word just) because without a profit, a business does not exist. If the business is making a profit, then other things can also be an objective of the business, such as jobs for people, a source of revenue for the community from the business and its employees being consumers of local goods and services, tax revenue derived from the business and its employees, and any number of other benefits. But if the company does not make a profit, none of the other objectives are possible.
