Create the maximum level of success for the business, Financial Management

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Create the maximum level of success for the business

Assignment:

Managers in charge of a product or service need to decide how to use finite resources to create the maximum level of success for the business. One decision managers need to make is whether to maximize profit margin or gross profit. What issues could cause a manager to make a decision that is not in the best interests of the company? How can this be avoided?

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Financial Management: Create the maximum level of success for the business

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