Search
  • curielefrain87

Profit Vs Benefit

Updated: Feb 2


1)Profit products are focused on benefiting the entrepreneur, or personal benefit compared to

benefit products which are to further a social cause and provide a public benefit

2)

Cons

raise money from private investors, for which it must give equity or dividends to shareholders; ultimately, a return on investment is expected.

Meant to sell for luxury such as the latest iPhone

sell for pocket money

Long term wealth

tax


Pros

seek donations from individuals, foundations and corporations. Such stakeholders generally expect a “social return” on capital.

Meant to help other such as medical devices

sell the product at a margin

“profits” would be reinvested back into the company to fulfill longer term goal

2 views0 comments

Recent Posts

See All

Last Blog

Next year I will be going to college at attending Cal State Fullerton, and major in Finance. Through out the 4 years in PLTW way the most enjoyable and most accomplishing projects were working with br

Blog

the biggest challenge we have had with our project has been getting familiar with python language for our software app. two of our group members have been able to dedicate some time to learn python an

Blog #4

The college process is very time consuming and stressful, Having to write a 4 different essays under 350 words is difficult when we are used to writing pages. The second most difficult part is enterin