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However, to evaluate the effectiveness of production and business, revenue must be combined with cost. Increased revenues but costs increased more then the business nor effective. Cost: is the resources of the business lost to achieve specific goals. Costs reflect the level of management, use of corporate resources. It combines with the revenue to reflect the effectiveness of production and business operations of the business.Profit In the viewpoint of Economics, is the portion of assets that investors get more thanks to the investment after deducting the expenses relating to that investment, including opportunity cost, is the difference between total revenue and total cost.
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