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Business strategy
Strategies for minimizing business expenses.
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[QUOTE="Axis, post: 343737, member: 66672"] A business organization is considered to be a center for cash inflow and outflow which of course means that a business organization will always make profit and will always spend money in order to accomplish some of its operations and actions. However the goal and objective in this aspect is that a business organization should not spend much more than it earns, because when this occurs the business will be able to realize reasonable amount of revenue, but when a business spend much money than the profit it makes then such business will not realize any reasonable amount of revenue and most times such business can go bankrupt or collapse. Various strategies in order to minimize business pending include: avoiding frequent business model change, making use of locally produced products, making use of medium technology and avoid those that are expensive. [/QUOTE]
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