Running a business is the way to gain high profit ? justify .
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Answer:yes
Explanation:
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Yes. Running a business is the way to gain high profit.
Explanation:
- Each and every business can improve the profitability. In some cases, a single factor implemented in business can comparatively increase the profitability rate.
- However, for most of the businesses, increasing profitability means implementing various small improvements in a gradual manner.
- There are certain areas which increase the profitability of every type of business namely
1) reducing the costs,
2) increasing the turnover,
3) increasing the productivity, and
4) increasing the efficiency.
To know more about business and its process,
1)Explain the general planning process adopted by the business organization
https://brainly.in/question/10489318
2) Technical and social aspects of business plan
https://brainly.in/question/14054967
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