Profit Motive

Unlocking Profit's Power, Navigating Ethics and Economics

Fouad Sabry

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Beschreibung zu „Profit Motive“

What is Profit Motive


The profit motive is a term used in economics to describe the desire that drives businesses to behave in such a way as to maximize their earnings. According to the conventional microeconomic theory, the ultimate objective of a company is "to make money." This is not in the sense of raising the company's stock of means of payment; rather, it is in the sense of "increasing net worth." To put it another way, the creation of a profit is the primary motivation behind the existence of a firm.The theory of rational choice, which states that economic actors have a tendency to follow what is in their own best interests, is based on the principle that the profit motive is an essential component. According to this theoretical framework, the primary objective of firms is to maximize profits in order to benefit themselves and/or their shareholders.


How you will benefit


(I) Insights, and validations about the following topics:


Chapter 1: Profit motive


Chapter 2: Capitalism


Chapter 3: Ethical egoism


Chapter 4: Microeconomics


Chapter 5: Macroeconomics


Chapter 6: Neoclassical economics


Chapter 7: Homo economicus


Chapter 8: Index of economics articles


Chapter 9: Price


Chapter 10: Economic equilibrium


Chapter 11: Invisible hand


Chapter 12: Managerial economics


Chapter 13: Economics in One Lesson


Chapter 14: Shareholder value


Chapter 15: Enlightened self-interest


Chapter 16: Ernst Fehr


Chapter 17: Samuel Bowles (economist)


Chapter 18: Economic depression


Chapter 19: Friedman doctrine


Chapter 20: Perspectives on capitalism by school of thought


Chapter 21: Economic opportunism


(II) Answering the public top questions about profit motive.


(III) Real world examples for the usage of profit motive in many fields.


Who this book is for


Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of profit motive.


Verlag:

One Billion Knowledgeable

Veröffentlicht:

2024

Druckseiten:

ca. 169

Sprache:

English

Medientyp:

eBook


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