Profit Motive
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Profit motive is also a technical term used by taxing.
Profit motive. Business ganancias fpl beneficios mpl utilidades fpl Latin America a 32 rise in profits un aumento del 32 en las ganancias or los beneficios. Players assume the role of Myron Meckler a one-time executive of a major corporation who has been betrayed by his former supervisor and expelled from the company in dishonor. Profit motive In both cases the Tax Court found that the taxpayer had failed to demonstrate a clear profit motive but the court looked at more than the fact that the business had losses for a string of years.
To collect revenues in excess of costs or more simply to make money. In economics the profit motive is the motivation of firms that operate so as to maximize their profits. The existence of a profit-seeking motive is a question of fact that is not necessarily determined by the persons professed intentions.
Key Takeaways The profit motive refers to an individuals drive to undertake activities that will yield net economic gain. Stated differently the reason for a businesss existence is to turn a profit. Stated differently the reason for a businesss existence is to turn a profit.
In capitalism it is generally considered to be the main reason most businesses exist and is closely tied to the concept of self-interest. The incentive or desire to work or form a business in order to gain profit or make financial gains. The game follows Myron as he strives to regain his power and position in the business world.
Profit motive in British English. Where appropriate it can be inferred from the surrounding. This is the complete list of articles we have written about economics.
A profit motive is quite simply the goal of most businesses to make a profit or have more money coming into the business than is spent by the business. To sell sth at a profit vender algo obteniendo una ganancia. While both profit and profit motive may be given more technical definitions in economics the latters meaning is typically broader in philosophical discussions and so for example even managers of nonprofit organizations may be accused of sometimes acting from a profit motive.
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