A note from Sary

Businesses often use Profit Margin as a way of comparing offers. If a company has more than one offer in the market, it tends to favor the offers with the highest margins. If a business needs to cut costs, it often starts by eliminating offers with the lowest margins. When examining a business, pay close attention to Profit Margin. "The higher the margin, the stronger the business.

Sary The Personal MBA, page 171 · October 28, 2023 Save to shelf
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