answersLogoWhite

0

Yes, profit making is the primary goal of business. It is the reason businesses exist. If they don't make a profit, they will not survive.

User Avatar

Wiki User

10y ago

What else can I help you with?

Related Questions

Describe the four main types of profit making business enterprise?

The four types of profit making business enterprise are sole trader, partnership savings, company loans, and franchise profits. All of these types of enterprises contribute to the finances of businesses.


The reasons why the financial activities of a business enterprise must be record?

So that we can plan for the future of the enterprise or business. We can take steps from which our organization can become more profit making etc


What are the types of business enterprise?

A business enterprise is an entity that engages in activities to produce goods or services with the goal of making a profit. There are many types of business enterprises, including corporations, cooperatives, and partnerships.


What are the types of enterprise?

A business enterprise is an entity that engages in activities to produce goods or services with the goal of making a profit. There are many types of business enterprises, including corporations, cooperatives, and partnerships.


Is Profit maximization the primary goal of any business enterprise?

Yes, profit maximization is the primary goal of a business. If a business doesn't maximize profits the Board of Directors can request that the CEO leave.


What is the difference between an organisation and enterprise?

An organization is basically any collection of people, whether for profit or non profit. An enterprise is usually a business, for profit organization.


What is a good sentence with enterprise in it?

enterprise = imagination/resourcefulness; The school showed enterprise in its attempt to attract pupils. enterprise = business/company/firm: A fan club should be a service rather than a profit making enterprise. enterprise = undertaking/endeavor: Opening a new cafe in town is a risky enterprise.


What is the Function of a business?

The primary function of a business is to turn a profit.


What is the primary goal of the business?

Profit earning


What are primary goal of business?

To make a profit


What risk their savings in a business venture in a free enterprise system?

the potential profit


What is meant by private enterprises?

A private enterprise is a business run for-profit and not owned by a government.