BUS 210 Week 1 DQ 2 - Profitability gives companies and...

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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. The main difference between profit and profitability is that no matter how much profit a company makes in a year it doesn't mean that the company is making good use of their resources or its ability to generate future profits.
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Unformatted text preview: Profitability gives companies and their investors more information to assess how well the company is performing against others in its industry, both now and in the future. Some companies are more profitable than others because they develop new and improved products that attract customers, they use their resources more productively, and reduce their operating cost....
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