what is the key incentive that drives business owners to make sure their firms are operating at their highest level of efficienc

Question

konstantin123 [22]

3 years ago

13

what is the key incentive that drives business owners to make sure their firms are operating at their highest level of efficienc

y?

Business

2 answers:

Olegator [25] · Answer 1 · 2022-03-14T07:24:45+03:00

Answer:

The reason would be profit.

Explanation:

The main incentive that leads entrepreneurs to ensure that their companies operate with the highest level of efficiency is profit. This is because when a company offers a product and / or provides a service efficiently, customers are more satisfied and can turn to that company more often, in addition to referring them to acquaintances, causing the number of customers of that company to increase. All customers will pay for the product and the service, this will make the company generate an increasing profit that will allow the company to grow more and more.

Kitty [74] · Answer 2 · 2022-03-14T06:24:40+03:00

Kitty [74]3 years ago

5 0

profit motive - improve material well being