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  • 31-01-2016
  • Social Studies
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how does the profit motive work to allocate resources

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taskmasters
taskmasters taskmasters
  • 09-02-2016
The most important factor in the work process or industry is to retain the interest of the employee. And to retain them, their salary or profit must be adjusted to the best value. Unless the employee does not do his job properly, employees must receive bonuses or benefits to ensure them to stay in the company. It will actually make them stay longer, make them feel important and reduce costs for hiring new employees. This is done to allocate resources of the company.
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