Business Studies, asked by amitham47, 9 months ago

How does profit enhance a business’s market standing ?

Answers

Answered by aksingh57

10

Explanation:

Four ways to increase business profitability

There are four key areas that can help drive profitability. These are reducing costs, increasing turnover, increasing productivity, and increasing efficiency. You can also expand into new market sectors, or develop new products or services.

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