PROFIT
PROFIT "PROFIT" isn't a buzzword nowadays in all contexts of life? Whether it a business or a job or even in social life. Profit may be monetary or non-monetary; we can call it a benefit. But profit and benefit are very important aspects of everybody's life. At present we talk about profit for the business world. The ultimate goal of existence and start-up of any organization is profit apart from other motives. Whether it is a privately owned organization, public holding corporate or government organization. Even an NGO is also intended to have a certain amount of profit to enhance welfare activities. No need to explain that profit can be increased by a reduction in input cost and by increasing sales or service price. But in the current global competition and in the era of the buyers’ market is it easy to increase the price? It is a great challenge faced by all businesses...