Jessica Booker
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- Aug 1, 2019
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i would consider the practical ways in which a business can increase its revenue without necessarily just increasing costs, or how it reduces costs without reducing revenue.Any guidance for this question please? ‘what is your understanding of how a business generates and maintains a profit?' Thank you!
Provide practical examples (innovation, diversification of service/products, technology to increase productivity etc) and maybe even use examples of how specific businesses have done that.