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Why Did Cooley Refer to Some Groups as "Primary Groups

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Why did Cooley refer to some groups as "primary groups"?


Definitions:

Sales Revenue

The income received by a company from its sales of goods or the provision of services before any costs or expenses are deducted.

Profit Before Income Tax

The earnings of a business before taking into account the deduction of income tax expenses, also known as pre-tax profit.

Percentage Increase

The ratio, often expressed as a percentage, by which a quantity grows over a specific period.

After-Tax Profit

The amount of net income left over after all taxes have been deducted from total revenue.

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