Products related to Profit:
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Small Business, Big Profit Profit : Work less, earn more, build wealth
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Grow the Pie : How Great Companies Deliver Both Purpose and Profit
A Financial Times Book of the Year 2020! What is a responsible business? Common wisdom is that it's one that sacrifices profit for social outcomes.But while it's crucial for companies to serve society, they also have a duty to generate profit for investors - savers, retirees, and pension funds.Based on the highest-quality evidence and real-life examples spanning industries and countries, Alex Edmans shows that it's not an either-or choice - companies can create both profit and social value.The most successful companies don't target profit directly, but are driven by purpose - the desire to serve a societal need and contribute to human betterment.The book explains how to embed purpose into practice so that it's more than just a mission statement, and discusses the critical role of working collaboratively with a company's investors, employees, and customers.Rigorous research also uncovers surprising results on how executive pay, shareholder activism, and share buybacks can be used for the common good.
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Harnessing Complexity for Better Outcomes in Public and Non-profit Services
ePDF and ePUB available Open Access under CC-BY-NC-ND licence. How can public services and social interventions create and sustain good outcomes for the populations they serve?Building on research in public health, social epidemiology and the social determinants of health, this book presents complexity theory as an alternative basis for an outcome-oriented public management praxis.It takes a critical approach towards New Public Management and provides new conceptual inroads for reappraising public management in theory and practice.It advances two practical approaches: Human Learning Systems (a model for public service reform) and Learning Partnerships (a model for research and academic engagement in complex settings). With up-to-date and extensive discussions on public service reform, this book provides practical and action-oriented guidance for a radical change of course in management and governance.
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The Dollarization Discipline : How Smart Companies Create Customer Value...and Profit from It
How companies turn value-added into real profits The Dollarization Discipline shows organizations and marketers how to effectively communicate the economic value created by their products and services.Too often, when companies compete using conventional sales and marketing approaches, they force customers to make financial decisions (how much to spend), based on non-financial arguments (product features and benefits).On this playing field, the company that can show true financial advantage in real dollars and cents wins every time.This book offers a step-by-step strategy for doing just that. Every day, good companies suffer because they create value for customers but aren't able to keep their fair share.This is because most marketers can't fully explain the value customers get from their products, and the argument falls to the lowest common denominator-price.The solution is an approach to sales and marketing that goes beyond articulating features and benefits, but calculates the monetary value a customer receives from a product or service.This enables the seller to price the product as a true reflection of its value-and also let's the seller prove it to the customer!With real case studies and detailed, step-by-step guidance on effective dollarization, The Dollarization Discipline finally offers a practical, straightforward way for marketers and business leaders to prove the value of their "value-added." Jeffrey J.Fox (Gilford, New Hampshire) is the founder and President of Fox & Company, Inc., a marketing consulting firm.Fox is also the author of the bestsellers How to Become a CEO, How to Become a Rainmaker, and How to Become a Great Boss.Richard C. Gregory (Farmington, Connecticut) is a Senior Consultant with Fox & Company.
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How much profit do construction companies make?
The profit margin for construction companies can vary widely depending on the size of the company, the type of construction projects they undertake, and the economic conditions. On average, construction companies typically have a profit margin of around 3-5%. However, larger and more established construction companies may have higher profit margins, while smaller or newer companies may have lower profit margins. It's important to note that construction projects often involve high costs and risks, which can impact the overall profitability of construction companies.
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Should companies prioritize ethical principles over profit?
Yes, companies should prioritize ethical principles over profit. Ethical behavior is essential for building trust with customers, employees, and the community. Prioritizing ethical principles can also lead to long-term success and sustainability for the company, as it can help avoid legal issues, negative public perception, and damage to the company's reputation. Ultimately, a focus on ethical principles can contribute to a more positive and responsible business environment.
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Is profit maximization the ultimate goal of companies?
While profit maximization is an important goal for companies, it is not always the ultimate goal. Companies also strive to create value for their customers, employees, and society as a whole. Building a strong brand, fostering innovation, and maintaining a positive corporate culture are often seen as equally important objectives. Ultimately, companies need to balance profit maximization with other goals to ensure long-term success and sustainability.
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How do car rental companies make a profit?
Car rental companies make a profit by charging customers for the use of their vehicles. They generate revenue through rental fees, additional services such as insurance and GPS rentals, and fees for returning the car late or in need of cleaning. Additionally, car rental companies often sell off their used vehicles to generate additional income. By managing their fleet efficiently and effectively, car rental companies can maximize their profits.
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Grow : How Ideals Power Growth and Profit at the World’s 50 Greatest Companies
Great businesses naturally have many things in common: superbly designed products and services, knockout customer experiences, sustained excellence at execution, outstanding talent and teamwork, and great leadership.But there's also something else, an X factor that keeps renewing and strengthening great businesses through good times and bad.Based on almost ten years of empirical research involving 50,000 companies, Jim Stengel, former director of marketing at Procter & Gamble, shows how the world's 50 best businesses - as diverse as Apple, Red Bull, Pampers and Petrobras - have a cause and effect relationship between financial performance and their ability to connect with fundamental human emotions, hopes, values and greater purposes. In this, the next big idea book, Stengel deftly blends timeless truths about human behaviour and values into an action framework, to show us how by embracing what he describes as 'brand ideals', the world's best businesses can achieve incredible growth and drastically improve their performance.
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Reconnect and Profit : The 5 Key Ways To Connect With Your Business For Growth, Profit And Fun
Five proven methods of discovering the disconnections within your business that are holding back your growth and profit. Plus you might as well have fun doing it. As an SME Entrepreneur and Business Advisor I assist clients in shaping their ideas into business proposition, supplement them in preparing a roadmap from strategic intent to realisable action plan and then support them in transforming their vision into a business reality. I deliver practical solutions that matter.With our in-depth understanding of today's business landscape and its operating dynamics, I invest significant time and effort in developing a deep understanding of my client's needs. I promise you these are not just words.
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Grow the Pie : How Great Companies Deliver Both Purpose and Profit – Updated and Revised
A Financial Times Book of the Year 2020! Should companies be run for profit or purpose? In this ground-breaking book, acclaimed finance professor and TED speaker Alex Edmans shows it's not an either-or choice.Drawing from real-life examples spanning industries and countries, Edmans demonstrates that purpose-driven businesses are consistently more successful in the long-term.But a purposeful company must navigate difficult trade-offs and take tough decisions.Edmans provides a roadmap for company leaders to put purpose into practice, and overcome the hurdles that hold many back.He explains how investors can discern which companies are truly purposeful and how to engage with them to unleash value for both shareholders and society. And he highlights the role that citizens can play in reshaping business to improve our world.This edition has been thoroughly updated to include the pandemic, the latest research, and new insights on how to make purpose a reality.
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Brand Flip, The : Why customers now run companies and how to profit from it
Best-selling brand expert Marty Neumeier shows you how to make the leap from a company-driven past to the consumer-driven future.You’ll learn how to flip your brand from offering products to offering meaning, from value protection to value creation, from cost-based pricing to relationship pricing, from market segments to brand tribes, and from customer satisfaction to customer empowerment. In the 13 years since Neumeier wrote The Brand Gap, the influence of social media has proven his core theory: “A brand isn’t what you say it is – it’s what they say it is.” People are no longer consumers or market segments or tiny blips in big data.They don’t buy brands. They join brands. They want a vote in what gets produced and how it gets delivered.They’re willing to roll up their sleeves and help out – not only by promoting the brand to their friends, but by contributing content, volunteering ideas, and even selling products or services. At the center of the book is the Brand Commitment Matrix, a simple tool for organizing the six primary components of a brand.Your brand community is your tribe. How will you lead it?
Price: 19.99 £ | Shipping*: 3.99 £
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Why do companies want to make a profit?
Companies want to make a profit in order to sustain and grow their business. Profit allows companies to reinvest in their operations, develop new products and services, and expand into new markets. It also provides a return to the company's investors and shareholders, which is essential for attracting and retaining investment. Ultimately, making a profit is necessary for a company's long-term survival and success in the competitive business environment.
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Where do larger companies purchase their goods for profit?
Larger companies typically purchase their goods for profit from a variety of sources, including direct from manufacturers, wholesalers, and distributors. They often have established relationships with suppliers and may also use procurement and supply chain management strategies to ensure they are getting the best prices and quality for their goods. Additionally, some larger companies may also engage in global sourcing, importing goods from overseas suppliers to take advantage of lower production costs. Overall, larger companies have the resources and networks to source their goods from a wide range of sources to maximize their profits.
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How is the profit distribution calculated in business administration?
Profit distribution in business administration is calculated based on the company's net profit after deducting all expenses, taxes, and other financial obligations. The distribution is typically determined by the company's board of directors or shareholders, who may choose to allocate a portion of the profit for reinvestment in the business, distribution as dividends to shareholders, or retention for future use. The distribution may also be influenced by the company's financial goals, growth strategy, and the need to maintain a healthy cash flow. Ultimately, the profit distribution is a strategic decision that aims to balance the interests of the company, its shareholders, and its long-term sustainability.
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What are the profit expectations and investment intentions of private companies?
Private companies typically have profit expectations that align with their business goals and objectives. These expectations can vary widely depending on the industry, market conditions, and the company's growth stage. In terms of investment intentions, private companies often seek to invest in areas that will drive growth, innovation, and competitive advantage. This could include investments in research and development, technology, marketing, and expanding into new markets. Overall, private companies aim to generate sustainable profits and make strategic investments to support their long-term success and growth.
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