Businesses in business to make money
Non profit making organization is the type that does not deal with profit oriented
Business is a narrower term. Occupation includes business, profession, service and all other activities that are directed towards satisfying financial and other psychological needs of human beings. Business is Profit oriented. All occupations may not necessarily be profit oriented. For Example, Social Service is an occupation, but not a business.
Service means without expectation or benefit oriented action. Business means something is expected as profit,
proprietorhsip, partnership and corporations
Profit oriented entities are businesses that are created and operated with the aim of generating profits in the long run. On the other hand, nonprofit oriented entities are created to fulfill a specific need in the society.
what is profit oriented?
Non profit making organization is the type that does not deal with profit oriented
profit oriented is my objective backed by the supply of goosds of high quality
Business is a narrower term. Occupation includes business, profession, service and all other activities that are directed towards satisfying financial and other psychological needs of human beings. Business is Profit oriented. All occupations may not necessarily be profit oriented. For Example, Social Service is an occupation, but not a business.
Profit oriented business is a business whose main objective is to achieve the greatest possible profit for the owners of a business. This is achieved in various ways: reducing production costs, moving factories to "cheap labor" countries (China, Thailand, Malaysia, Indonesia, Viet Nam), lowering wages and lengthening working time of employees.
The traditional concept of business is profit motive but the modern concept of business is service oriented.
Service means without expectation or benefit oriented action. Business means something is expected as profit,
Advantages of Profit oriented Business is that it can Help in Increasing our countries Growth in a faster manner also it helps in increasing income of peoples working with The Organisation it helps in increasing in purchasing power and consumption, it can Help in increasing production and vise varsa Kishor
Profit oriented is concerned with or focused on commercially financial gain. A company that is not making a profit will soon cease trading!
proprietorhsip, partnership and corporations
A profit oriented entity is one whose goal is to make profits from its services or products. A non profit entity is one that does not necessarily seek to make profit but has set out other goals.
Profit oriented entities are businesses that are created and operated with the aim of generating profits in the long run. On the other hand, nonprofit oriented entities are created to fulfill a specific need in the society.