He has direct responsibility to his employers.
owners of the business. The type of business that can be operated suitably as a proprietorship is one that This meta-analysis establishes a greater degree of certainty with respect to the CSP-CFP relationship than is currently assumed to exist by many business scholars.” So the research generally indicates that CSR/CC/CSP, no matter how you define it, does offer potential benefit to corporate profits. For a company to make money, it must have a product and/or service that people will trade their money for the product/service. Nigeria is the 5th fastest growing country in a "quiet" world-wide online business which is seen as a second income business that can make you between $200 – $500 monthly on a part time basis. a. pays taxes and exists to make a profit b. pays taxes and does not exist to make a profit c. does not pay taxes and does not exist to make a profit d. pays dividends to shareholders. It really just boils down to Total Revenue - Total Costs. A business/company exists to make money for the owners or investors in the company.
So I’ll talk about the first part, Revenue. Best of all, it is FREE to join and you can be paid in your local currency if you so wish. This belief leads to a corollary, another myth, believed by all—that is, that the goal of any business is profit maximization. The dual role of businesses’ supply chains in creating both economic growth (including jobs) and environmental impact highlights a fallacy in the Greenpeace story of “profits v planet”. In most cases, it is clear when someone is operating a business that seeks to make a profit, rather than dabbling in a pleasant diversion or hobby.
There are three basic ways big companies survive without profits. But, this is not always true—especially not in the early years when few businesses turn a significant profit.
That is, to make a profit. A company makes a profit if the income (money) it received from customers is more than its operating expenses. To what extent do companies exist purely to make profit for their shareholders? Indeed, until Drucker came along most everyone believed the basic "fact" that the purpose of a business was to make money.
You can, for example, make … Business cannot always afford to be so generous to so many people, but doing good does not necessarily rule out making a reasonable profit.
No business can survive for a significant amount of time without making a profit, though measuring a company's profitability, both current and future, is critical in evaluating the company. 10 Most Common Business Models to Make a Profit One of the most critical elements of any sustainable business is achieving a positive cash … That’s from a mathematical standpoint. That responsibility is to conduct the business in accordance with their desires, which generally will be to make as much money as possible while conforming to their basic rules of the society, both those embodied in law and those embodied in ethical custom.