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What every MBA professional should know about the Merits and Demerits of Profit


What every MBA professional should know about the Merits and Demerits of Profit

A business organization concentrating on profit maximization is concerned only about profits and not on the consequences and risks that may arise during the operation. The profit maximization concept is a short-term goal as it can lead to several outcomes in long-term. The period during which profit maximization applies varies from months to a year.

  • Author: westford College
  • Published: 2018-06-04 07:35:05
  • Words: 519
What every MBA professional should know about the Merits and Demerits of Profit What every MBA professional should know about the Merits and Demerits of Profit