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Do you think that profit maximization is the main motivation to entrepreneurial behavior? Why?

2 Answers

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  • 2 weeks ago

    not at all.  the opportunity to bring new product to market and thus fill a need that customers can't otherwise easily fill is most important -- that usually leads to both feeling good about what you're doing and profits as well.  of course, ideas that fail to produce profit are quickly abandoned -- shows that you misunderstood the market for the product or service

  • Anonymous
    2 weeks ago

    Pretty much.

    But successful entrepreneurs tend to have a long term approach and may sacrifice profit maximisation temporarily to ensure long term success of the company...

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