What does profit driven mean?

Definitions for profit driven
prof·it driv·en

This dictionary definitions page includes all the possible meanings, example usage and translations of the word profit driven.

Wikipedia

  1. profit driven

    In economics, the profit motive is the motivation of firms that operate so as to maximize their profits. Mainstream microeconomic theory posits that the ultimate goal of a business is "to make money" - not in the sense of increasing the firm's stock of means of payment (which is usually kept to a necessary minimum because means of payment incur costs, i.e. interest or foregone yields), but in the sense of "increasing net worth". Stated differently, the reason for a business's existence is to turn a profit. The profit motive is a key tenet of rational choice theory, or the theory that economic agents tend to pursue what is in their own best interests. In accordance with this doctrine, businesses seek to benefit themselves and/or their shareholders by maximizing profits. As it extends beyond economics into ideology, the profit motive has been a major matter of contention.

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Numerology

  1. Chaldean Numerology

    The numerical value of profit driven in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of profit driven in Pythagorean Numerology is: 3

Examples of profit driven in a Sentence

  1. Josh Koskoff:

    The families' goal has always been to shed light on Remington's calculated and profit-driven strategy to expand the AR-15 market and court high-risk users, all at the expense of Americans' safety. Today's decision is a critical step toward achieving that goal.

  2. Laura Leigh:

    Profit-driven interests ravage the landscape, and we blame the horse, absolutely nothing has changed under the Biden administration except we are being spoon-fed a dose of greenwash that they ‘care’ about the environment and wild things.

  3. Ahmed Hassan:

    We aim to try to find a balance between civil society and profit-driven private sector to protect the heritage buildings from getting demolished, we want a system where all stake holders agree on a system to keep the heritage.

  4. Gregory Hess:

    They are a profit-driven business and they don't have any regard for the people that they're smuggling, that's what we just continually see here along the border here in Arizona.


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"profit driven." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/profit+driven>.

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