a test question
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.
profit incentive, or profit motive. This desire motivates entrepreneurs to establish new businesses and produce new kinds of goods and services.
profit
A. Innovation B. Incentive C. Profit
desire to make that motivates people to produce and sell goods and services that others want to buy.
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.
profit incentive, or profit motive. This desire motivates entrepreneurs to establish new businesses and produce new kinds of goods and services.
profit motive
profit
Kim's desire to be rich was her motivation for studying in school.
To make a profit
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.
A. Innovation B. Incentive C. Profit
Minimize costs and maximize revenues.
Minimize costs and maximize revenues.
The difference between profit making accounting and not for profit making accounting is, that question should answer itself! 8^0
Incentive Pay