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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.
Why is profit important for a business?
profit is important for a business because without profit there is no business. they need to generate profit to keep the business alive. profit well help the move up the business ladder to become a more successful business !
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 important to a business?
because business is all about the large profit at low budget
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.
Can profit be regarded as the sole objective of business?
nop!
Short term profit maximisation is not appropriate objective for a business?
Because business take the long term aspects of the business and for that wealth maximization is more important than anything else.
Why is profit important for a business?
profit is important for a business because without profit there is no business. they need to generate profit to keep the business alive. profit well help the move up the business ladder to become a more successful 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
Why is profit important to a business?
because business is all about the large profit at low budget
Why profit is not important to a business?
Profit is important to businesses because it is how they continue to remain open. When a business isn't profitable it will cease to exist.
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.
Why is derivatives important?
the simply meaning of derivative is a market which is helps to minimized the risk of loss. and the main objective if any business is to bring maximized profit to company so that's the reason to derivatives is important.
Why is profit important to businesses?
If there is no profit the business fails because thats the reason for the business in the first place. :-)
