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How can porters five forces can be used to determine profit potential?
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When does the potential for profit increase?
as the marketing expenditure decreases
What is penny stocks to watch?
Penny stocks to watch is used to help determine what stocks to buy for a quick profit. It show significant growth and investment potential. It can show you the businesses profit and how it has gone up. So it's a pretty good way to buy stock the will succeed.
What is the basic method business uses to determine profit?
Income - Expenses = Profit if you take in 5000 and spent 3000 to do it you have made 2000 in profit
What are five forces?
Michael Potter's five forces framework can be used to determine whether the industry is attractive enough to sustain a small or medium size enterprise. The five forces of Entry, Rivalry, Substitutes, Buyers and Suppliers jointly determine the intensity of competition and profit potential for a small and medium size firm in a given industry or market sector. In analysing each market force, the question is whether it is sufficiently strong to reduce or eliminate industry profits. The focus at this stage is at the industry level because industry dynamics and profits of necessity dictate profits of other firms that enter the industry. Also, in carrying out a five forces analysis we want to be able to answer this question: If the competitive forces in the industry are strong, is there some strategy that firms might employ to defend it, or influence the forces in their own favour?
What are potter five forces?
Michael Potter's five forces framework can be used to determine whether the industry is attractive enough to sustain a small or medium size enterprise. The five forces of Entry, Rivalry, Substitutes, Buyers and Suppliers jointly determine the intensity of competition and profit potential for a small and medium size firm in a given industry or market sector. In analysing each market force, the question is whether it is sufficiently strong to reduce or eliminate industry profits. The focus at this stage is at the industry level because industry dynamics and profits of necessity dictate profits of other firms that enter the industry. Also, in carrying out a five forces analysis we want to be able to answer this question: If the competitive forces in the industry are strong, is there some strategy that firms might employ to defend it, or influence the forces in their own favour?
What is your potential profit for year one for an acting school?
Potentially zero.
Does accounting profit or economic profit determine how entrepreneurs allocate resources between different businesses ventures?
yes
How does accounting profit or economic profit determine how entrepreneurs allocate resources between different business ventures?
yes
What risk their savings in a business venture in a free enterprise system?
the potential profit
What is the formula of percentage profit?
first determine what is the cost price(CP) and the selling price(SP). Subtract CP from SP. if the result is positive then it is a profit. now divide the profit with CP and the resul which you will get multiply it with 100.Percentage profit= (profit/CP)*100
Why might technology get more funding for research than basic science?
There is a potential for profit in technology.
After gross profit is calculated operating expenses are deducted to determine?
net operating income
