Is profit the main objective for business?
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Is profit the main objective for business? Profit can be described as whatever is left from revenue after costs have been deducted. But is this the main target for every business? All business have objectives (goals which are set out by the people who lead or control the organisations), whether they are big or small and whether they are in the primary or public sector. The performance of a business could be judged on how effectively it achieves its objectives. It is often argued that the main aim of private sector businesses is to maximise their profits. It may be reasonable to assume that firms aim for as much profit as possible. In practice a business is more likely to have a satisfactory level of profit as an objective. I carried out a questionnaire (can be seen in appendix), and interviewed many entrepreneurs (an individual with a flair for business opportunities...

