Question

Suppose the owners of lopes and homemax meet for a friendly game of golf one afternoon and happen to discuss a strategy to optimize growth related profit. They should both agree to?

Answer 1

They should agree to work together to develop a plan to maximize their combined revenues and Profits.

When it comes to business success, profitability and expansion go hand in hand. Growth is essential to long-term success and profit, whereas profit is necessary for a corporation to survive financially on a fundamental level. Investors should consider each consideration in light of the individual company in question.

Increasing profitability can also assist businesses in obtaining capital from financial institutions, investors, and shareholders. If a business is currently not profitable, growing profitability may enable the eventual production of profit, which ultimately enables the business to continue to operate.

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