Question

match the activity to the correct method for increasing profit.
a. change what you provide.
b. increase worker efficiency.
c. get the best rates on supplier purchases.
d. eliminate some free services.
e. avoid extra payroll expenses.
f. use resources wisely.
g. beat the competition.
h. get the best rates on advertising.

1. decrease expenses
2. increase sales

Explanation:

Profit is calculated as Revenue - Expenses. Decreasing expenses can be achieved by actions like avoiding extra payroll expenses (d), getting best rates on supplier purchases (c), and getting best rates on advertising (h). Increasing sales can be done by changing what is provided (a) and increasing worker efficiency (b). Using resources wisely (f) can also contribute to cost - control and efficiency. Beating the competition (e) may lead to more market share and thus more sales. Eliminating some free services (d) can cut costs.

Answer:

1. Decrease expenses: c. Get the best rates on supplier purchases, d. Eliminate some free services, f. Use resources wisely, h. Get the best rates on advertising, a. Avoid extra payroll expenses
2. Increase sales: a. Change what you provide, b. Increase worker efficiency, e. Beat the competition