profit motive

profit motive

the objective of a FIRM to ensure that revenue exceeds costs. The term is usually associated with the FIRM OBJECTIVE of PROFIT MAXIMIZATION, but a profit motive would still exist where only satisfactory profits were aimed for. See also PROFIT, SATISFICING THEORY.
References in periodicals archive ?
The Tax Court held that the non-wagering expenses of a taxpayer who frequently gambled were not deductible because his gambling activity lacked the profit motive necessary for him to be considered a professional gambler.
While it is not prohibited or discouraged for a cooperative to generate income per se, the profit motive is only at the outer fringes of its goals.
Australians have told us what they think--they don't trust the banks and believe their culture and profit motive are at odds with the purpose of super," said ISA chief executive David Whiteley.
The guidelines state that most offences involving sexual activity with children will require a "full criminal investigative response" - for example, in the presence of exploitation, coercion, a profit motive or adults as perpetrators.
The presence of reasonable expectation of profit is not sufficient; in the case of a partnership, profit motive is determined at the partnership level.
But ever since 2004, when he made "Outfoxed: Rupert Murdoch's War on Journalism," Greenwald has become a vital and dogged Investigator whose no-nonsense, just-the-facts-ma'am approach, with its accent on examining the profit motive, is reflected in the no-frills thrust of his titles: "Iraq for Sale: The War Profiteers," "Koch Brothers Exposed," and "Wal-Mart: The High Cost of Low Price.
There is no case whatsoever for putting a profit motive into the sensitive area of land ownership.
Perhaps Birmingham Airport could become a symbol of civic pride by paying greater attention to passengers with special requirements, rather than subordinating them all to the profit motive.
And if society can somehow eliminate the profit motive for putting more and more bodies in cages, then further research could lead to less juvenile detention and greater outcomes for young offenders and for society as a whole.
Our concern on this bill is the profit motive that could be driven by some educational management organizations," John Gray of the Texas State Teachers Association told senators on Thursday.
Private providers are driven by the profit motive and will inevitably limit service provision to maximise profit - as has occurred in previous privatisations of public services.
Bounties gave the official a profit motive for doing disagreeable, unpopular work--often too zealously.