is determined in business economics by the excess of returns over a period of time, after deduction of costs incurred during the same period by the business in pursuit of profit (Corporation, Economy). Profit is the driving force of business commitment; it raises the income of the entrepreneur above the secure level of income achievable in the market. The prerequisite for profit is that the business idea succeeds in the market. In terms of national economy, profit can be defined as the net size of the overall eco…
Profit, Corporate(269 words)
Cite this page
Bayer, Stefan, “Profit, Corporate”, in: Religion Past and Present. Consulted online on 26 September 2023 <http://dx.doi.org/10.1163/1877-5888_rpp_SIM_125248>
First published online: 2011
First print edition: ISBN: 9789004146662, 2006-2013
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