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Contrast and compare the effectiveness of income generation versus expense reduction in creating profitable business

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1.) Contrast and compare the effectiveness of income generation versus expense reduction in creating profitable business.

2.) Should sales quota standards be tied to financial reports? Why or why not? If so, how closely?

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1.) Contrast and compare the effectiveness of income generation versus expense reduction in creating profitable business.

Income generation and expense reduction techniques both create more profits. Cost reduction strategies are aimed at reducing core costs to an acceptable minimum and increasing the liquidity. So it is also similar to risk reduction. Debt ratios can be used to measure the expense ...

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