Examlex
What are the six stages of multinationalization? What activities does a company perform at each stage?
Maximum Profit
The highest possible financial gain a firm can achieve when the difference between total revenue and total cost is at its greatest.
Economic Profit
The split between a firm's entire proceeds and its total disbursements, embracing both acknowledged and veiled costs.
Normal Profit
The minimum profit necessary for a company to remain competitive in the market, equating to the opportunity cost of the resources employed.
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