Profits - Expense = Savings and Investment
Profits keep a business going as long is it is more than expense.
The importance of marketing is to make consumers aware of the product and services offered by the organization in order to maximize profits and achieve success.
ProfitAll business owners are operating with the expectations they will earn a profit. Ask any business student the primary goal of a corporation and she will recite, "to earn profits and increase the wealth of shareholders." How profits are earned varies depending on the industry, but the bottom line is of great importance to all business owners. Profits can either escalate the business to new levels of growth, or it can cause the company to dissolve after filing for bankruptcy.
Finance in any business is very important. This is what runs a business and people work so hard to get more finances in terms of profits.
International business means that a company operates globally. Many businesses have an international presence these days in order to increase their profits.
Finance in any business is very important. This is what runs a business and people work so hard to get more finances in terms of profits.
A consulting management relationship can improve the a companys interaction with its clients and sale prospects. This can extend company life and maximize company profits.
Price elasticity has a lot to do with how firms and governments can predict costs and profits. The greater the elasticity, the more uncertain their financial projections will be.
austrualia consists large number of cows and sheeps,the country gets remarkable profits with the milk products,dairy industry acts as a backbone for it.
The law of diminishing returns helps managers maximize their profits. At the point where their costs begin to rise, they can switch to another product to make more money.
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Bottom-line profits
greater then economic profits,as accounting profits do not include implicit costs