Tobacco is a very profitable plant and product. It is profitable because it is widely needed and used. It is used in home remedies, and in smoking supplies.
what is intra firm comparison
It is more important in the long term to do what is strategically right than what is immediately profitable. Doing what is immediately profitable can often lead to profit issues later.
Inter-firm comparison is where you compare your particular firm or business to that of another business who are in a similar situation
The objectives of a nonprofit and a for profit business is to make money. Nonprofits handle the monies they collect much differently than for profit organizations.
No. A lot of things can cause a profitable firm to collapse.
Income Statement
Marginal revenue product = marginal cost
According to the book "Introduction to business" by Pride, Hughes and kapoor. Goodwill, is the value of a firm's reputation, location, earning capacity and other intangibles that make the business a profitable concern.
income statement
A cartel is a joing of all business of same sort to form a single business. Cartel mergers are profitable. For example there are three firms which behave as a cartel, if all firms collude to act as a single firm, the merger will be profitable in oligopolistic industries. It will ensure the firm will gain an economic profit and will eventually drive off the weaker firm and the price benifit will go to consumers. (Term cartel is used when similar businesses merge to form a single business, a monopoly).
Franchising is a profitable form of carrying out firm diversification. The identity of the firm and its standard procedures are maintained but the franchisee commits a certain amount of money to set up a venue and trade in the franchiser's business model. Franchising can allow a business to quickly expand in a foreign territory.
DLA Piper employs approximately 4,200 lawyers in over 30 countries worldwide. Based on the number of lawyers, it is the largest law firm. It is the second most profitable law firm.
A decrease in a firm's willingness to pay dividends is likely to result from an increase in its profitable investment opportunities. A dividend is a payment made by a corporation to its stockholders. It is a usually a distribution of profit.
The ability of a firm to quickly increase or decrease its production rate and still be profitable.
They are profitable.
Marketing managers help marketing representatives gain clients. They run business analysis on the companies and tell them what they can do for their business to ensure they are profitable.