1
Q
What does profitability measure
A
The financial performance of a business by comparing profits achieved to a second variable such as revenue
2
Q
How is gross profit margin calculated
A
Gross profit / sales revenue x 100
3
Q
How is net profit margin calculated
A
Net profit / sales revenue x 100
Business paper one
flashcards
Decks in class (38)
# Cards
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Enterprise21
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Business plans5
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Markets118
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Market research16
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Business structure28
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Business location12
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Business finance21
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Business revenue and costs22
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The marketing mix12
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Marketing (product)32
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Marketing (price)17
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Marketing (promotion)17
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Marketing (place)16
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Marketing (Decisions)7
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Marketing (technology)8
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Finance34
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Budgeting14
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Cash flow forecasting25
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The income statement11
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Ratio analysis3
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Changes in working practices9
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Workforce planning6
-
Recruitment22
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Training0
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Appraisal13
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Workforce performance7
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Organisational design27
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Motivation28
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Management and leadership19
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Employee, employer relationships31
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Added value5
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Production10
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Technology10
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Lean production9
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Quality21
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Purchasing16
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Economies of scale14
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Research and development14
