Significance of Profit
Synonyms: Gain, Earnings, Revenue, Income, Return, Surplus, Benefit, Advantage, Yield
The below excerpts are indicatory and do represent direct quotations or translations. It is your responsibility to fact check each reference.
Buddhist concept of 'Profit'
In Buddhism, Profit is interpreted as the positive result stemming from wise counsel. The emphasis is on constructive advice that leads to beneficial outcomes, promoting growth and wisdom rather than mere material gain.
From: Maha Buddhavamsa—The Great Chronicle of Buddhas
(1) An additional payment offered to the talented pupil to relinquish his shareholding.[1]
From: Vinaya (3): The Cullavagga
(1) The beneficial outcome that should result from the warning given; the advice should be constructive.[2]
From: Shurangama Sutra (with commentary) (English)
(1) Profit refers to material gain or advantage, which Maitreya Bodhisattva no longer seeks after ceasing his desire for worldly name and fame.[3]
From: Vimalakirti Nirdesa Sutra
(1) Financial gain Vimalakirti occasionally realized in worldly activities, but he was not happy about these earnings, showing detachment.[4]
Hindu concept of 'Profit'
In Hinduism, Profit signifies the gains anticipated from business endeavors, reflecting the significance of achieving success and prosperity at specific times and places within the framework of ethical and spiritual principles.
From: Mahabharata (English)
(1) Profit is considered alongside duty, and the king warns Bhima that disregarding both profit and duty to turn to sin will lead to negative consequences.[5] (2) The text references profit alongside religion, implying that practical considerations and material gain are also essential factors in decision-making and offering advice.[6] (3) Profit is linked with virtue, as Krishna's words are described as consistent with both, suggesting that following a virtuous path will lead to beneficial outcomes and prosperity.[7] (4) Profit is protected by the rod of chastisement, emphasizing its role in securing economic stability and prosperity within the kingdom.[8] (5) It represents one of the elements, alongside morality and pleasure, that individuals pursue, and success comes from balancing all three.[9]
From: Manusmriti with the Commentary of Medhatithi
(1) Profits are referenced in relation to the taxes imposed on grains and gold, with the tax being a fraction of the profits made by those dealing in those items.[10] (2) Profit is the financial gain from selling commodities, which the king considers when regulating prices to avoid undue advantage to either traders or buyers.[11] (3) The text discusses the profit that traders should make, specifying different percentages for country-produces and foreign products, as well as considering the time taken for disposal.[12] (4) This term represents the gains expected in a business venture, and the amount of profit is to be made at a particular place or time.[13]
From: Kautilya Arthashastra
(1) Profits are the gains or advantages acquired through trade or conquest, and when the enemy has lost considerable profits, the conqueror gains more advantages.[14]
The concept of Profit in local and regional sources
According to regional sources, "Profit" humorously describes the feeling of elation when a friend returns borrowed money, comparing it to the satisfaction of a successful business deal.
From: Triveni Journal
(1) A feeling of elation experienced when a friend returned borrowed money, akin to a successful business transaction.[15]
The concept of Profit in scientific sources
Profit, as defined in the text, is the financial gain after revenue exceeds expenses. It's a key metric for financial success, influenced by pricing, green strategies, and supply chain coordination, and is vital for social enterprises.
From: Sustainability Journal (MDPI)
(1) Profits are the financial gains earned by businesses, and their calculation and comparison are central to evaluating the effectiveness of different strategies.[16] (2) Profit is a key indicator of economic performance and has been a central theme in studies examining the financial aspects of supply chain sustainability.[17] (3) Increased profits for service providers are a primary motivation and a demonstrated benefit of engaging in horizontal cooperation within the cooperative share-a-ride problem.[18]
From: International Journal of Environmental Research and Public Health (MDPI)
(1) Financial gain or benefit derived from economic activities, considered within the context of a healthy life and clean environment.[19] (2) Profit is the financial gain obtained when the revenue generated from a business activity exceeds the expenses incurred.[20] (3) The total financial gain, calculated by summing the energy value and the SCO 2 value.[21]
From: South African Family Practice
(1) Profit is the primary motive behind healthcare fraud, as perpetrators seek to gain financial advantages through deceptive practices and illegal activities within the healthcare system.[22]
Classical concept of 'Profit'
From: The Nicomachean Ethics of Aristotle
(1) The text states that those who are friends for the sake of utility part when the advantage is at an end, for they were lovers not of each other but of "profit".[23]
From: Aesop's Fables (English translation)
(1) The profit refers to the Fox's gain, as he acquired the Kid without any of the toil or effort expended by the Lion and the Bear in their fierce struggle.[24] (2) The benefit that was not provided by the companions, as they caused more harm by consuming the sustenance meant for the unwell creature.[25]