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it manufactures or buys in large quantities and a low price and sells at a much larger price. The selling price is governed by the material cost, labour costs, etc these are classed as "on costs". Once this base line figure is ascertained a second figure which is a percentage higher than the first is used to generate the profit the difference between the 2 is called the profit margin.
What else can I help you with?
How can profit make a company more effective and competitive?
Profit can make a company more effective and competitive in the market in various ways. The company will have more resources which it can pump into the business and do better promotions and adverts which will translate to even more profits.
Is USAA a non-profit company?
No, USAA is not a non-profit company. It is a financial services company that operates as a for-profit organization.
How much did the cocacola company make in profit last year?
68 billlion.
Why should a company stay in profit?
because some company earn many profit and save some profit to use in the day of bad profit
Would the electrical company be a nonprofit or profit corporation?
The electrical company is a profit corporation. Such a company will provide electrical services which may be difficult without a profit factor so it is almost impossible to have non-profit electrical company.
How does big ben make a profit?
It doesn't make a profit as it is not a business or company.
What is for profit?
A for profit company is a company that exists to make money, and it may also serve a purpose.
What does monthly profit mean?
a monthly profit means to make a profit every month in a company.
How you make more profit for this company?
just don't
What should be the vision of a company?
ultimately the vision of a company is to make a profit on their goods
Why does a company seek to make a profit every year?
After all the employees and the expenses have been paid off the profit is used to improve the company or its also how the owners make money
What is profit in a company?
profit in a company this is increase in revenue received by the company. profit in a company this is increase in revenue received by the company.
Is apple a nonprofit company or profit?
Apple is a profitable company. They usually make between 1 and 1.5 billion Dollars profit every quarter.
Can a non profit company also be a profit company?
No, a non-profit company cannot also be a profit company. You can only be one or the other and not both.
Is superdrug a limited company?
Yes they are a private limited company because they aim to make a profit
How much do Chief executive officers make?
It depends on the company's profit.
How can profit make a company more effective and competitive?
Profit can make a company more effective and competitive in the market in various ways. The company will have more resources which it can pump into the business and do better promotions and adverts which will translate to even more profits.
