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You're confusing high-profit margin with high-profit. A company can be high-profit without a high-margin (i.e Supermarkets) or it can be high-margin without hi
by ig1 15y ago
You're confusing high-profit margin with high-profit.
A company can be high-profit without a high-margin (i.e Supermarkets) or it can be high-margin without high-profits (many fashion labels).
Greed is a motivator for high-profits, not necessarily high-margins.
- jsemrau 15y agoNo, sorry to say, but I am not. Every corporation should be in the business to maximize profits. A high profit margin should normally relate to a higher price which will lead to a less optimal acquisition and retention of customers. A larger customer base provides stability for sustainable growth.