Profit

 

 

 

Profit

 

Glossary of business

 

Definition of profit

 

Profit is the reward to the factor of production - enterprise. It is where a firm receives more revenue from the sale of a product or service than it cost to manufacture the good or service. It is a reward for the risk taken by entrepreneurs.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

Job world

 

 

Definition and meaning of profit

 

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Meaning of profit

 

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What does profit mean ?

 

 

 

 

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