Role Of Profits And Markets
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Role Of Profits And Markets
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Role Of Profits And Markets
- 1. The Role of Profits and Markets
Notes de l'éditeur
- It is important that students should understand that the absence of profit does not mean that a company will automatically ‘go bust’ or go out of business. Many companies will make losses at some point in their development – especially in the early stages of a new business or a new product launch. The important issue to get across is how companies in these positions deal with the challenge – there are 5 ideas given on the slide and it is worth spending some time discussing these.