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business - Coggle Diagram
business
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define net profit
level of output where the total costs and total revenue are exactly the same. Neither profit or a loss is made
define break even point
Level of output where the total costs and total revenue are exactly the same. Neither profit or a loss is made.
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Credit cards – popular and convenient, flexible and avoid interest charges if accounts are settled within the credit period
External factors are elements from outside the company that affect business performance:such as:competition,
Profit maximisation is an aim.
growth is an objective
increased market share is an objective
survival is an aim