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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Answer: Medium of exchange and measure of value
Explanation: Medium of exchange refers to the ability of the money to be taken as a common medium for exchange of goods and services in the form of sale and purchase.
Whereas, measure of value refers to the ability by which different goods and services could be compared in terms of money.
In the given case, Laura purchased a CD using money and also is comparing two commodities in terms of money to purchase.
Hence we can conclude that the given case illustrates Medium of exchange and measure of value .
The life insurance policy in which death benefits last a lifetime but premiums are all paid after a specified time period is a limited-pay whole life policy.
