0
What else can I help you with?
What is disinvestment of profit making?
When firms are making no or little profit, there is incentive to innovate/invest because they wish to increase profits in the future. When profit is already achieved, there is less incentive (disincentive) to do so.
What does profit incentive mean?
profit incentive, or profit motive. This desire motivates entrepreneurs to establish new businesses and produce new kinds of goods and services.
What is the main incentive for business activity?
profit
What is the cost or benefit that motivates an economic decision?
A. Innovation B. Incentive C. Profit
Profit role as an incentive for entrepreneurs?
Profit serves as a crucial incentive for entrepreneurs by rewarding their risk-taking and innovation. It motivates them to invest time, resources, and effort into developing new products or services, ultimately driving economic growth. Additionally, the prospect of profit encourages competition, leading to improved quality and lower prices for consumers. Overall, profit aligns the interests of entrepreneurs with market demands, fostering a dynamic and responsive economic environment.
What is disinvestment of profit making?
When firms are making no or little profit, there is incentive to innovate/invest because they wish to increase profits in the future. When profit is already achieved, there is less incentive (disincentive) to do so.
What does profit incentive mean?
profit incentive, or profit motive. This desire motivates entrepreneurs to establish new businesses and produce new kinds of goods and services.
Incentive for a person to make money for himself?
profit motive
What is the main incentive for business activity?
profit
Use profit incentive in a sentence?
Kim's desire to be rich was her motivation for studying in school.
What is the main incentive for a manufacturer to sell a product?
To make a profit
Is there any profit in establishing a recreation center?
Yes, however, you will have a difficult time competing with nonprofit recreation centers that are owned and operated by municipalities. Your recreation center must offer something unique that sets it apart from others in order to draw in a large population and turn a profit.
Why is profit motive considered an incentive in a market system?
Minimize costs and maximize revenues.
What is the cost or benefit that motivates an economic decision?
A. Innovation B. Incentive C. Profit
Why is the profit motive is considered an incentive in a market system?
Minimize costs and maximize revenues.
Profit sharing is a way to encourage employees to do more and better work is known as.?
Incentive Pay
What is the difference between profit making accounting and not for profit making accounting?
The difference between profit making accounting and not for profit making accounting is, that question should answer itself! 8^0
