0
Why does it make sense for unprofitable firms to stay in business?
Wiki User
∙ 9y ago
Sometimes an unprofitable firm will have a business unit that is profitable. Operating the other units will help cover the overhead costs, allowing the business to take care of their bills.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
Why profit is important to the business?
to stay in business and pay wages, otherwise the alternative is break even or make a loss and those options do not make sense. what is the point of breaking even, the whole point is to make money, that is the only reason for business.
What is the difference between partnership and merger?
A partnership is a venture by two or more people. A merger is when the owners of two businesses agree to join their firms together to make one business
Should call conferencing be mandatory?
In certain business' call conferences should be mandatory because they are more efficient in communication from business to business. Smaller firms should not be mandated to use call conferences because it is not cost effective. However it is a better way of putting a face with a business transaction which can make both parties more at ease.
What are advantages and disadvantages of acquisition growth in business?
Acquisitions can help you quickly grow your business by adding new customers, capabilities, and other relationships, etc. very quickly vs. organic growth. That said, acquisitions require cash, time to find target acquisition companies, and legal work to structure the deal as well as effort for integrating the acquired business. Acquisitions can make a lot of sense, but they are not something to pursue without clearly thinking through why it might make sense and all your options to reach your growth goals.
Advantages and disadvantages of business acquisition?
Acquisitions can help you quickly grow your business by adding new customers, capabilities, and other relationships, etc. very quickly vs. organic growth. That said, acquisitions require cash, time to find target acquisition companies, and legal work to structure the deal as well as effort for integrating the acquired business. Acquisitions can make a lot of sense, but they are not something to pursue without clearly thinking through why it might make sense and all your options to reach your growth goals.
Does business ethics make economic sense?
On the surface there are times business ethics don't make economic sense, but it is in the best interest of the business to act ethically. If managers choose to act unethically they may have to pay more money in the long run to fix the problem.
Are home business ideas often profitable?
Well, from my point of view home business is profitable because we can plan more for our business to make it success. So I must suggest you for starting home business & I think “FreshPhulka” will be the best option for you.
What are the roles of household and firm in a market economy?
Consider an economy consisting of households and firms which interact in two markets i.e. the goods and services market in which firms sell and households buy; and the labor market in which households sell labor to business firms or other employees. Required: Illustrate the above economy on a diagram
What is the role of media in relation to business?
the role of media in relation to business firms is that there is a marketing communication, in which one promotes a product by means of media., make it advertising, print adds, billboars, and etc.
Why profit is important to the business?
to stay in business and pay wages, otherwise the alternative is break even or make a loss and those options do not make sense. what is the point of breaking even, the whole point is to make money, that is the only reason for business.
In business what is the role of consultancy firms?
The role of consultancy firms is to advice business on how to stay sustainability with exceptional customer service techniques to increase profits in regards to competitors. Consultancy firms also advices businesses on how to build the company in a business developer paradigm to make more sales with a reduction in the number of customer complaints that prevent the business of achieving customer loyalty.
Multiple business units owned by a common set of shareholders make up a firm or company and multiple firms that sell similar products to similar customers make up?
Joy =] x
E-business model based on the relationship of transaction types?
The model will need to be based on the ideas that come from the transactions. It does not make sense to start a business if you are not prepared.
What is the difference between partnership and merger?
A partnership is a venture by two or more people. A merger is when the owners of two businesses agree to join their firms together to make one business
What do you mean by wrong choice of medium in communication?
The choice of media was not the right one for your business. It does not make sense for a small local business to use national advertising on television.
Johnson Johnsons company credo designed to guide managers in making decisions State that the firms top responsibility is to customers Should all business make customers their priority?
intrastate
Which firms in the UK make custom mesh banners?
Several UK firms make custom mesh banners. Discount Banner Printing, Banner Buzz, Discount Displays, and Print Graphic Design are all UK firms that make custom mesh banners.
