The idea and actions that explain how a Business will make its profits refers to?
(A) Mission
(B) Goal
(C) Strategy
(D) Objective
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C Is the correct answer
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The idea and actions that explain the business will make its profits refer to Strategy.
How does a business make a profit?
- To reduce the cost and increase the quality of the product makes a maximum profit in a business
- For any small and large business, it is necessary to set a goal for the growth of the business
- We can advertise the products through social media to engage more customers
- The new ideas and innovations are very necessary to make a business successful
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