how do companies make profit
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1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
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Revenue can be generated through various channels, including product sales, service-based revenue, advertising and sponsorship, subscription models, licensing, and royalties. It is essential to analyze these revenue streams to identify the most profitable areas of the business and make informed decisions.
Companies make profits by generating revenue that exceeds their costs. One of the most direct ways companies make profit is by selling products or services.