Question

do you believe that thinking profit can actually result in more profit? Make sure to support...

do you believe that thinking profit can actually result in more profit? Make sure to support your answer.

Homework Answers

Answer #1

True

Simple words profit refers to surplus revenue remind with the firm after meeting the all the expenses technically speaking cost.

This profit is further invested in other business and business expansion hence it leads to enhance the market share of the firm.In case of the corporation, profit is highly important because their financial position capital expansion in share market depends on profit of the company the reputation of the company will go off if the company is making continuously loss.

Thus profit is directly or indirectly affect the business hence profit will leads more profit.

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