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If there is a profit to the company, its employee can demand for high wage. Jaian Cuttari says, in this situation managers would have to preserve good employee relationship and deploy better project management. Visit: https://jaiancuttari.livejournal.com/profile
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Profit Management -JaianCuttari
Profit management is a manipulation of the financial statement items within framework of accounting standards which may benefit the company
Profit management includes the regulation of profit maximization policy
Every business aims for a maximum profit, but if not maximum profit, then at least a certain satisfactory level of profit
Every business want to achieve and maximize profits. They have a systematic program to manage profitability.
Profit management also includes the maintenance of proper balance sheet ratio for the purpose of auditing as well as uploading the shareholders interests. JaianCuttari says, profits are achieved and maximized.
When a firm maximizes the profit, it automatically attracts the news producers to enter
If there is a profit to the company, its employee can demand for high wage. In this situation managers would have to preserve good employee relationship and deploy better project management.