what are the similarities and differences between profit and profitability?
Both domestic and multinational companies need to manage cash flow, profitability, and financial reporting. They also need to adhere to regulations and plan for taxes effectively. However, multinational companies have the added complexity of managing foreign exchange risk, differences in tax laws across jurisdictions, and cross-border transactions.
It depends on what you consider as information technology, an ipad might not be that much 'profitable' for a given business but might be for another. So please ask specifically.
To increase profitability!
Yes, outsourcing do increase profitability and it also helps companies in saving for the cost of labor.
Yes.
Yes depending on the level of profitability
Revenue is the income into the company from Sales or the provision of services. Profitability is an assessment of the companies performance where Revenue & Expenditure are compared and the difference is a profit or loss which thereby indicates the profitability of the business. In simple terms its' ability to make a profit or not.
The economic metric used to measure a companies' ability to earn revenue compared against expenses over a determined set time.
Because of our misuse or overuse of antibiotics we as a society have become immune to most of them. Pathogens have altered themselves to overcome these antibiotics. There is also the profitability issue of inventing and manufacturing antibiotics, doing so is not profitable to the pharmaceutical companies.
One similarity between standards and budgets is they are both predetermined costs. A major difference is that companies can report inventories using standard costs but not budget costs.
Some companies are more profitable than others because they make better business decisions. When a company is struggling to make a profit, they must look at industry leaders.
It is a patent law that reviews, addresses, and compares appropriate and applicable domestic business practices executed by companies within the United States versus those executed by foreign companies. It appears to concern itself with both similarities and differences between the two.