Question

increased the profit margin by 10 percent in august .....which objective of business is this??​

Answer 1

Answer:

the objective of business is=( profit maximization )

Answer 2

In short, your profit margin or percentage lets you know how much profit your business has generated for each dollar of sale. For example, a 40% profit margin means you have a net income of $0.40 for each dollar of sales.

To grow your business, you need to track financial information and measure performance. One metric you should be keeping an eye on is your business’s profit margin. Read on to learn how to determine profit margin for your company and ways to improve your margins.