0
This depends on your country or countries you intend to export from and this is very important since not any country can import anything. For instance, India is good at exporting tea and it works well for them because they have it in plenty so they make money with it internally and export-wise. Although stuff like car spare parts do well in most countries; hint.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What is the connection between profit costs and expenses?
Profit, costs, and expenses are important within any business' profit and loss statements. The connection is that anything that is more than the costs and expenses of a product or service offered by a business is profit.
Why is penetration pricing more likely than skim pricing to raise a company's or a business unit's operating profit in the long run?
The penetration pricing is more likely to raise the business unit's operating profit in the long run because it does not spend heavily on promotion.
How it is possible for a manufacturing business to be making a profit while at the same time running out of cash?
This could happen when the business is expanding and they are buying more new equipment or more land.
When expenses are more than income is called?
Their is a LOSS of income, or loss for the business operation. You can have either a LOSS or a PROFIT or possibly break even with neither a loss or a profit.
Short term profit maximisation is not appropriate objective for a business?
Because business take the long term aspects of the business and for that wealth maximization is more important than anything else.
Why is profit important for a business?
profit is important for a business because without profit there is no business. they need to generate profit to keep the business alive. profit well help the move up the business ladder to become a more successful business !
What is process to import a good?
I would say something the export and import for two way of process for country. The Export and Import connected to the two countries. The business man earn the more profit. it is good relationship maintain for the two countries.
Why is cost important in business?
because the lower the cost the more profit the business makes profit = revenue - cost
How consumer demand affect business?
if demand for anything is more than that product will sell more, if there is no demand for an item then that will not sale.so if sales are more there would be more profit ,if sales are less profit will also less. more profit means a good business and less profit means that business is not in a good position. i hope now u can understand it.shortly more consumer demand more good business,less consumer demand less business.
How business affects consumers?
if demand for anything is more than that product will sell more, if there is no demand for an item then that will not sale.so if sales are more there would be more profit ,if sales are less profit will also less. more profit means a good business and less profit means that business is not in a good position. i hope now u can understand it.shortly more consumer demand more good business,less consumer demand less business.
Can you differentiate between profit and non-profit making business?
any business u making money more than your expenses thas is profit otherwise loss
What are the benefits of running a business?
more profit and no middle man
What is the connection between profit costs and expenses?
Profit, costs, and expenses are important within any business' profit and loss statements. The connection is that anything that is more than the costs and expenses of a product or service offered by a business is profit.
What do you understand as a business ethics and why is necessary apply it?
business ethics means tactics applied for more profit we have to apply business ethics to earn more money
Why does a country export more than it imports?
Because exporting means that they are selling their own products which is a profit for them . Amd importing meams they are buying supplies or materials so they would be spending money . They want more export than import
What is the opposite of export?
The import-export business is growing rapidly in India; despite the pandemic, it has been progressive. New entrepreneurs or anyone taking their first step in the import-export business might feel overwhelmed due to all the processes they will have to go through. So to be more knowledgeable about the business, several academies in India are offering import-export courses. So if you’re looking for one but having a hard time choosing which course could be the best for you? Some of you may be a conceptual theory in mind for your import-export business but do not have enough practical knowledge to work on it. With a lot of information available in offline mode, you might feel confused with which one is supposed to be more accurate based on the import-export business information. Well, do not worry, as this blog will help you in determining which export-import practical training course will be best for you to begin with. Import Export Business has a plethora of information. Online and offline both ways, but learning and understanding the business with practical implementation effectively results in your side. There are several import-export business certificate programs available in the market, but to determine which one is best, the course that offers more practical implementation is the one. The B2B Export Import Academy focuses on practical implementation, which helps its students understand how the business works. The export-import business practical certificate program online is one of the best online courses they have offered.
How increase number of investors can increase profit?
Increasing the number of investors will increase your capital. The more capital you have the more money you can use for your business. The more money is used for your business operations the more goods/services will be provided, thus increasing your turnover and profit.
