BUS 210 Week 1 DQ 2 Alternate Answer

BUS 210 Week 1 DQ 2 Alternate Answer - in cheaper...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
BUS 210 Week 1 DQ #2 What are the similarities and differences between profit and profitability? What makes some companies more profitable than others? Explain your conclusions. Profit is how much a company makes in an individual sale, annually, etc. Profitability is how much profit a company or organization can make in the future or over a period of time. What makes certain companies more profitable than others is the ability to drive consumer prices down with smart spending
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: in cheaper advertising, cheaper transport, more easily accessable ingredients, etc. For example, companies that use wiser, more cost efficient ways of make a product cheaper and more appealing to a consumer, will most likely grab more profits than the competitor and their product. They may make less profit per sale but more sales overall....
View Full Document

Ask a homework question - tutors are online