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They reduce profit.
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∙ 13y ago
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What are the costs of business known as?
if you are talking about the costs associated with running a business, they are called "operating costs" there are also the costs that are required to get a business running, they are called "startup costs"
What is Running cost?
Running costs in are associated with companies and businesses. The running costs are simply the amount of money needed to make the company "run". Running costs include staff payment, electricity costs and resources etc. Running costs are the cost for day-to-day running of the business
Disadvantages of retailing?
One disadvantage to retailing is the costs associated with running a retail facility. You have to pay for utilities and market the location.
What is running down stock?
basically, it is selling the stock you have without buying in any more, so to only create revenue and no costs
Why is it important to control the costs within a business?
because otherwise you will become bankrupt idiot.
What are the costs of business known as?
if you are talking about the costs associated with running a business, they are called "operating costs" there are also the costs that are required to get a business running, they are called "startup costs"
What is Running cost?
Running costs in are associated with companies and businesses. The running costs are simply the amount of money needed to make the company "run". Running costs include staff payment, electricity costs and resources etc. Running costs are the cost for day-to-day running of the business
Does profit means money that remains after costs of running business?
Yes profit means money that remains after a costs of running a business
In the field of business what does the term 'relevant cost' mean?
The basic definition of relevant cost would be the costs that are important to running a business. The most important costs that the business needs to run properly. Examples would be rent for the office space, utilities, or equipment to name a few.
3 factors that are important when choosing a fuel for a car?
Three factors that are important to consider when choosing a fuel for a car are the following: Economy, Running costs, and Driving preferences.
Running cost for a PC monitor on standby?
what are the running costs for a PC monitor on standby
Why running is important?
Running is important because it is healthy
What are monthly costs of running your own gym?
3
What are some variable costs of running an airline?
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Why is it important to separate variable and fixed costs?
it is important to separate variable and fixed costs. Another reason it is important to separate these costs is because variable costs are used to determine the contribution margin, and the contribution margin is used to determine the break-even point.
What is the estimated costs of running a flower shop?
About 10% less than you'll make. Fixed costs/ Variable costs? Cost of spoiled unsold flowers/
Why are costs important?
They reduce profit.
