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From course:

GCSE Business 2020-2022 OCR

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Question:

How can you Improve the Net Profit Margin?

Author: eric_galvao



Answer:

-Lowering the Selling Price, can Increase the Sales Revenue therefore meaning more Net Profit can be Generated -Increasing the Selling Price can Increase the Sales Revenue therefore meaning more Net Profit can be Generated -Delayering the Organisation Structure means less Money to pay Workforce -Freeze the Recruitment - Stops the Costs for those Processes -Move to a Cheaper Location


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