Why are profit a prerequisite to any business activityincluding?

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1200996

2026-06-09 00:35

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Since no business is for charity, profit is a prerequisite for any business. Excepting for NGO and philanthropic organisations, the whole business world is being motivated by the ultimate goal of maximizing profit margin. This propels them to further expansion of business, acquiring or switching over to new business or so on.

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