75.5k views
9 votes
How does a manager of a business determine what steps to take to make a firm
profitable?

User DRobertE
by
6.6k points

1 Answer

8 votes

Answer: Learn to Read Financial Statements. Calculate the Profitability of Future Projects. Find Efficiencies in Your Processes. Create Budgets and Stick to Them. Conduct Market Research. Offer Bundled Products. Dedicate Time to Training New Hires. Foster Engagement in Your Employees.

User Joe Scotto
by
8.2k points