Concept in Definition ABC
Miscellanea / / July 04, 2021
By Cecilia Bembibre, in Nov. 2010
Profitable is understood as something that gives some kind of revenue or benefit. The profitable term is a qualifying adjective It is used to name those elements, phenomena or situations that generate a benefit, usually economic. The concept is therefore very important in the field of economy and of businesses since everything that is profitable is something that will ensure benefits, profits and returns.
If we take into account that most economic activities are carried out to obtain some type of benefit that allows the subsistence of the parties that are involved in them, it then becomes easy to understand that revenue is an important part of any transaction economical. We understand revenue as the earnings that a activity anyone can generate: sell a pen how to establish a exchange of millionaire assets. Revenue is the remainder of the difference between what is earned and what is invested. That surplus is what will remain in hands of the one who performs the activity.
The object or element considered profitable is neither more nor less than an element that can generate great benefits or revenues to whoever wants to trade it. Thus, for example, it is often said that food they are always profitable because they are goods that are always consumed. Sometimes a product that is offered in offer because despite being a lower price than normal, it also generates more sales and therefore more profits.
The notion of profitable is, as one can imagine, subjective and also depends on each deal or each vendor, each public and each sales area. Often times, for some, branded products are profitable, while for others, knockoffs fill that role. The condition of profitable is given precisely by the possibility of generating significant benefits to the business in question.
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