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profit margin (n)/ˈprɑː.fɪt ˌmɑːr.dʒɪn//ˈprɒf.ɪt ˌmɑː.dʒɪn/the difference between the price a product or service is sold for and the cost of producing itbiên lợi nhuận, tỷ suất lợi nhuận ![]() We can increase our profit margin by cutting the cost of production. Maintaining a healthy profit margin is vital for business sustainability. A declining profit margin may indicate the need for cost-cutting measures. Business owners implement pricing strategies to enhance profit margins. Industry benchmarks help companies assess their profit margins against competitors. Từ vựng khác:recruit , sales pitch , pricing , damage , customer satisfaction |