WebNov 20, 2024 · The profit motive is the desire to make money. In a free market (where people voluntarily swap money, goods and services), the profit motive decides who gets what. In theory, the profit motive distributes resources efficiently, but in practice there are some problems. How is the profit motive supposed to work? WebFeb 2, 2024 · Some of the important facts and circumstances used to make this determination include: regularity of the activities, regularity of the transactions, production of income, and ongoing efforts to further the interests of your business. You do not need to … Understand your federal tax obligations such as paying estimated tax, and how …
Profit Motive - Definition, Economic Examples, Why is it …
WebFeb 17, 2015 · 1.the discovery of gold 2.farm land for settlers 3.profit from the fur trade 4.military supply port I am doing a paper on not for profit and for profit health care … WebLabor can be induced by the following methods: 1. Medications. Prostaglandin: Suppositories are inserted into the vagina during the evening causing the uterus to go into … neon green tinted tick spider
What Is Profit Motive? Definition and Examples
WebJan 31, 2024 · In a nutshell, motives are internal experiences in the form of needs, cognitions, and emotions and are the direct and proximal causes of motivated action. Social contexts and external events act as antecedents to motives that cause or trigger motivational states. WebProfit motive is the goal that drives organizations and individuals alike to earn a net financial gain through their business activities. Without the profit motive, it’s questionable whether or not businesses would ever pay such close attention to things like: Carefully selecting a pricing strategy Finding new technologies to streamline operations WebJan 27, 2024 · People have different motives for their activities. Some activities are purely for fun, some are to help others, and some are motivated by profit. Having a profit motive means that you intend to earn more in revenue from the activity than you incur in expenses. It doesn’t mean you’ll necessarily earn a profit. It just means that that’s your intent. neon green toadstool coral