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What is a 'loss leader'?
A loss leader in business is something on which you lose money in order to attract customers to your enterprise in the hope that they will buy products on which you will make money. The client is 'led' into the store by an item that causes a loss. For example: in a small grocery store, the owner may buy lettuce for five units of currency but sell it for three units of currency. S/he will then lose two units per item sold. However if s/he is making a profit of three units on the peas and four units on the carrots and six units on the asperagus, AND the consumer who comes in (because they are attracted by the price of lettuce) also purchases other vegetables, the overall profit by the business has been achieved. Hence, the loss leader.
Can you explain how fraud works in detail?
Fraud is a deceptive act where someone tricks others for personal gain. It can happen in many ways, like fake investments, identity theft, or false advertising. The fraudster often uses lies or manipulation to deceive their victims. This can lead to financial loss or harm to the victims. It's important to be cautious and verify information to avoid falling victim to fraud.
How do I calculate simple profit and loss?
Profit or loss = income - expenses. A positive number is profit, a negative number is loss.
What is a loss payee?
Loss payee is a party to whom an insurance loss payment or insurance sattlement may be directly paid.
What is loss rate on credit exposures?
if a borrower has default in payment ...so it a loss to bank...n the percentage of loss is the rate on its credit exposure
Use deceptive in a sentence?
Deceptive means misleading. "Her deceptive charm caused him to love the wrong girl."
What is an example of a loss leader?
An example of a loss leader is a popular electronic device sold at a discounted price by a retailer to attract customers into their store. The retailer may incur a loss on the sale of the device but aims to make a profit by selling complementary accessories or other items to these customers.
When was Appearances Are Deceptive created?
Appearances Are Deceptive was created in 1942.
When did Deceptive Records end?
Deceptive Records ended in 2001.
When was Deceptive Records created?
Deceptive Records was created in 1992.
When was Deceptive Fifty created?
Deceptive Fifty was created in 1998.
Can someone make you an 8th grade sentence with the word deceptive?
Deceptive: misleading The deceptive man tricked the girl out of her money.
What is the root word of deceptive?
The root word of "deceptive" is "deceive."
When was Deceptive Bends created?
Deceptive Bends was created in 1977-05.
What is meant by the term Loss Leader?
Loss leader pricing means when they are sold below the cost price which could encourage the customers to buy other products sold by the business
What is the correct pronunciation of the word deceptive?
dee-sept-iv- is the pronunciation for the word deceptive.
What is a synonym for misleading?
Lying durh~Da Bous
