Idea
The ideas of starting EXCPR business are shown below,
- Saving the production resources
Most of the modern organizations are aiming to maximize their profit margin – which is the difference between the total revenue to the total expenses. Furthermore, such organizations are doing their best to compete in the market to maximize their market share. But such organization are spending a lot of their resources to get the same output, such more spend in their production resources (capital – raw material – labor) is limited as the resources are in scarcity position and it is eliminate the profits.
- Utilizing resources
Also, each organization had its own competitive advantage is certain technology, capability and resources. Thus it some so important to utilize such item by few modification or revamping its business to make more profits.
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