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If you were a business would you take a risk doing illegal activity at the benefit of making huge profits to pay off fines or other costs?
It isn't smar for a business to take a risk doing illegal activity even if the benefit will be making huge profits to pay off fines of other costs. You not only risk loosing your company, gaining more fines, and even going to jail. It is better to lay off employees and take pay cuts, than it is to loose everything.
What else can I help you with?
What is nature of business?
According to "Business is an enterprise engaged in the production & distribution of goods for sale in a market or the rendering of services for a price. L.R. Dicksee, "Business is a form of activity pursued primary with the object of earning profits for the benefit of those on whose behalf the activity is conducted".
Nature of business in the Philippines?
According to "Business is an enterprise engaged in the production & distribution of goods for sale in a market or the rendering of services for a price. L.R. Dicksee, "Business is a form of activity pursued primary with the object of earning profits for the benefit of those on whose behalf the activity is conducted".
How do companies benefit from sale of their shares?
The benefits to companies is a gain in capital, which can be used to expand business activity and buy investments. This will hopefully mean the company will make increased profits.
Why are profits prerequisite to any business activity including marketing?
Profits are essential to any business activity, including marketing, because they provide the necessary financial resources for operations, growth, and sustainability. Without profits, a business cannot invest in marketing initiatives, product development, or operational improvements, ultimately jeopardizing its long-term viability. Moreover, profitability allows businesses to reinvest in their brand and reach their target audience more effectively, which is crucial for maintaining competitive advantage. In essence, profits enable businesses to function and thrive in a competitive marketplace.
What are back-end profits?
Back-end profits are those made off non-direct sales for a business. These can be things like the sale of old equipment which benefit the company but are not a normal part of day to day operations.
Contribution of real sector to an economy?
the business activity of financial intermediaries contributes to profits the economy bags as well as businesses in all other business related markets. these activities helps the economy to grow
The treatment of illegal profits?
Go and find out yourselve
What is profite?
Bringing the customer back to the seller. Or, the ability to generate profits from sales, whether the sale is tangible (example: a good) or intangible (example: paid for knowledge), whether a service or product.
Why do firms engage in the activity of production?
to acquire profits
How does a business function?
by gaining profits
How did business owners feel about the formation of labor unions?
Regulating business was un-American Union leaders were anarchists Unions threatened profits.
What is a business organization owned by a froup of people for their mutual benefit?
A cooperative is a business organization owned and operated by a group of individuals for their mutual benefit. Members pool resources and make decisions cooperatively to achieve common goals and meet the needs of the group. They share in the profits and benefits according to their participation or investment.
