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Reasonable profit refers to a level of profit that is fair and justifiable in relation to the risks taken, investments made, and the value provided to customers. It balances the need for businesses to sustain operations and incentivize growth while ensuring that prices remain fair and competitive in the market. Essentially, it reflects a profit margin that supports long-term sustainability without exploiting consumers or distorting market dynamics.
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The concept of competitive advantage is as important for non-profit organizations as it is for profit organization?
The concept of competitive advantage is as important for non-profit organizations as it is for profit organization?
Why were Americans invested in moving to Mexican-owned Texas?
The concept of investment is to make a profit.
With which concept the business profit or economic concept provides the more appropriate basis for evaluating business operations?
Businesses i know are there to maximize profit and minimize cost.On this basis,i think the business profit concept is the most appropriate basis for evaluating business operations because banks,lenders or creditors will the creditworthiness of such business if loan or any other facility has been advanced to such business to see whether they can offset such debt if given to them.
Who gave the concept of iso-profit curve?
The concept of the iso-profit curve is attributed to economist Paul Samuelson. In the context of production and cost analysis, iso-profit curves represent combinations of inputs that yield the same level of profit. These curves are useful in understanding trade-offs and optimizing resource allocation in production processes. Samuelson's work in microeconomic theory helped formalize these concepts, highlighting their importance in decision-making for firms.
How is the concept of a normal return on investment related to the distinction between business and economic profit?
Economic profit is the profit made on an investment of some sort in which inflation and other economic factors have been considered. Normal return on investment is just the net profit made in the investment (simple subtraction).
What is the concept of reasonable profit?
Reasonable profit refers to a level of profit that is considered fair and justifiable for a business, taking into account the risks involved, the capital invested, and the prevailing market conditions. It is not an excessive profit but rather one that allows businesses to remain sustainable while compensating owners and investors for their efforts and investment. The concept can vary by industry and context, often influenced by regulatory standards or competitive practices. Ultimately, it serves as a benchmark for assessing business performance and fairness in pricing.
The concept of competitive advantage is as important for non-profit organizations as it is for profit organization?
The concept of competitive advantage is as important for non-profit organizations as it is for profit organization?
What is a reasonable profit margin?
what is the difference between reasonable profits and economic profits
Materials plus a reasonable profit?
Just price
Explain how the marketing concept can be applied in non profit organisations?
Explain how the marketing concept can be applied in non profit organization?
Why is the notion of profit usually included in the definition of marketing concept?
Why the notion of profit is usually included in this definition
The concept of competitive advantage is as important for non-profit organizations as it is for?
"The concept of competitive advantage is as important for non-profit organizations as it is for profit organizations". Do you agree with this statement or not? Explain with examples to justify your answer. "The concept of competitive advantage is as important for non-profit organizations as it is for profit organizations". Do you agree with this statement or not? Explain with examples to justify your answer.
What is the elements of concept of reasonable limits?
A reasonable limit is the limit that a reasonable person would put on any quantifiable concept. For example a reasonable limit for working hours is eight hours a day, because a reasonable person would think that eight hours is a reasonable maximum. The concept of a reasonable person is enshrined in the legal system.
The concept of competitive advantage is as important for non-profit organizations as it is for profit organizations Do you agree with this statement of not Explain with examples to justify your an?
The concept of competitve advantage is as important for non- profit orgnizations as it is for profit orgnizatios Do you agree with this statement or not? Explain with examples to justify your answer.
What is the importance of the marketing concept?
The important core concept is to "fulfill the needs" of your market at a profit.
Why the notion of the profit is usually included in marketing and marketing concept?
Why the notion of profit is usually included in this definition
What is the difference between a traditional concept of business and a modern concept of business?
The traditional concept of business is profit motive but the modern concept of business is service oriented.
