If you’re in business or management you need to understand the profit model of the organization you work for. A profit model is simply how
Profits are better than wages.
“Profits are better than wages. Wages will make you a living, profits can make you a fortune.” – Jim Rohn. There is nothing wrong with
Cost and Price
The cost of something is what you incur to make it. Price is what you charge for your products and services. The difference between price