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List the Three Decisions About Competition and Explain Each

question 34

Essay

List the three decisions about competition and explain each.Of these three which do decision makers often pay the least attention to and what is the result?


Definitions:

Profit-Sharing

A company program that gives employees a share in the profits of the company, often based on the company's earnings over a specific period.

Good-Will

The intangible asset representing the value of a business's reputation, customer relationships, and overall standing in the community.

Expenses

Costs incurred in the undertaking of a business or the execution of a task.

Gross Returns

Total revenue generated by an investment before any deductions for expenses or taxes.

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