IndigoLearn

Forums

Production

Why profits disappear Pls see the image

Attachments

IMG_20200823_165752.jpg


Prasanth kumar Kamisetty

Prasanth kumar Kamisetty

CA Foundation

11K+

23-Aug-20 16:58

26

Answers (2)

Best Answer

Any innovation could yeild greater profits till it is immitated by competitors. If competetors immitated then the profits are shared in long run . So profits tend to fall gradually if adequate corrective action is not taken.


Nithish Kumar

Nithish Kumar

CA Inter

5K+

23-Aug-20 18:15

Innovation may result in great revenue flow to the entity but the same has been imitated and provided by our competitors may result in reduction in such revenue.


Lavanya Chitturi

Lavanya Chitturi

Moderator

25-Aug-20 18:25

Happy Mother's Day
IL Pass percentages
Tally Free
Quote
Refer
EMI
Lazypay
Past_Exams