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The competition to make profit drives producers to eliminate waste.
The profit motive of both individuals and businesses is based on the desire to increase their net wealth by engaging in a profitable business or financial transaction. The profit motive is best explained by understanding how profit can be the overriding motivation behind human activity and the impetus for economic progress and widespread wealth creation. The Wealth of Nations, written by economist Adam Smith in 1776, has achieved world renown fame for explaining how the profit motive is an integral necessity for building a nation's wealth. call me (501) 456-3483
motive only of profit! BOOM! stop copying from the internet!
The desire to make money through the production of goods and services.
The Profit Motive
The competition to make profit drives producers to eliminate waste.
The profit motive of both individuals and businesses is based on the desire to increase their net wealth by engaging in a profitable business or financial transaction. The profit motive is best explained by understanding how profit can be the overriding motivation behind human activity and the impetus for economic progress and widespread wealth creation. The Wealth of Nations, written by economist Adam Smith in 1776, has achieved world renown fame for explaining how the profit motive is an integral necessity for building a nation's wealth. call me (501) 456-3483
They had a profit motive, so they did not care about what the work did to the environment. Their profit motive helped progress their ideas for doing business.
motive only of profit! BOOM! stop copying from the internet!
The desire to make money through the production of goods and services.
The Profit Motive
Profit Motive
An anti competitive impulse is given to a company through the profit motive.
A bank is a business so its main motive is to make a profit.
profit motive
Profit is the difference between cost and proceeds. If the proceeds are more than the cost then one is said to be in profit. Having motivation to achieve proceeds more than the cost is known as profit motive.
Partnerships create better results and hence a larger profit for the entrepreneur (profit motive). When two entrepreneurs is one unit instead of two separate, they have a bigger chance of making a profit.