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As a business owner, your job is to turn a profit and we do this by calculating the amount of income or revenue above and beyond the costs or expenses a company incurs. It is calculated as total revenue minus...

Merchandising: The 8 P’s to Profitability According to American Marketing Association, merchandising encompasses "planning involved in marketing the right merchandise or service at the right place, at the right time, in the right quantities, and at the right price." Merchandising,...