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Q: Which economic system experiences the most influence from the profit motive?
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What is profit and non profit organization?

profit org. are those orgs. whose motive is to earn maximum profit bye ferforming legal activity like economic activities. Profit org. make P&L account and cash book nd non-profit orgs. are those whose motive is social welfair . tha main motive of non-profit organisation is to providing moral satisfaction to sosity by doing non-economic activity. Non-Profit orgs. make recipt and payment account and income and expenditure account.........


How do you use profit motive in a sentence?

They had a profit motive, so they did not care about what the work did to the environment. Their profit motive helped progress their ideas for doing business.


What term describes the force that encourages people and organizations to improve the material well-being?

profit motive


What is your personal view on profit-motive?

motive only of profit! BOOM! stop copying from the internet!


Why in a free market system producers are motivated to reduce costs and increase revenues?

The Profit Motive


What best explains the profit motive?

The profit motive of both individuals and businesses is based on the desire to increase their net wealth by engaging in a profitable business or financial transaction. The profit motive is best explained by understanding how profit can be the overriding motivation behind human activity and the impetus for economic progress and widespread wealth creation. The Wealth of Nations, written by economist Adam Smith in 1776, has achieved world renown fame for explaining how the profit motive is an integral necessity for building a nation's wealth. call me (501) 456-3483


In a freemarket system producers are motivated to reduce costs and increase revenues because of which of the following?

Profit Motive


What gives companies an anti-competitive impulse?

An anti competitive impulse is given to a company through the profit motive.


What is the motive of bank?

A bank is a business so its main motive is to make a profit.


Three characteristic of the free enterprise system?

economic freedom, private property, voluntary exchange, the freedom of profit motive


What are the 7 features of American free enterprise?

Economic Freedom Competition Private Property Contracts Self-Interest Voluntary Exchange Profit Motive


What are the differences between cooperative society and partnership?

The motive of a partnership is to make profit while in co-oprative society is to improve the economic interests of membres.