Selling More or Cutting Costs?
Автор: Acumen Learning
Загружено: 2022-06-07
Просмотров: 1485
Описание:
When thinking about business operations, a common question we get is “Should I be cutting costs, or focusing on gaining sales?” We go through this scenario in great detail, to help elevate your understanding of this concept. The comparison between generating sales and reducing costs, is often looked at by executives. So we are here to help you understand which contributes more directly to the bottom line, and why you would do one over the other in certain scenarios. This understanding, will get you a step in the door when talking with your executives. If you can understand the thought processes they’re thinking, and how their mind is operating, they’ll be impressed at your knowledge and understanding. Business acumen is a great way to help leaders think like executives. And this is one classic example, of how you can do that. Exercise this in your workplace! You’ll be better for it.
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