Monday, May 17, 2010

Theory of Profit

The theory of profit says the difference between the package paid to the employee by the employer and the value produced by the employee to the employer in return is nothing but profit. If the employer compensates all his profit into the package of an employee, then the employee becomes non existent as there exists no profit!!!

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1 comment:

Soujanya Vullam said...

why would the employee become non-existent? profit would be nonexistent..thereby employer could become non-existent. Employee could be/become anyones employee.