What are the key factors that contribute to profit in a business?
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
How can a company improve its efficiency?
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3.
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3 mins • 1 pt
Explain the relationship between profit and efficiency.
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4.
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3 mins • 1 pt
What strategies can be implemented to maximize both profit and efficiency?
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5.
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Discuss the impact of market conditions on profit and efficiency.
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