Học từ vựng | Vocabulary learning |profit margin
profit margin ()
/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 it
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.
