



How does waste reduction in production affect gross profit margin?
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what affects gross profit margin Informational
- How do the payment terms a company offers to its customers (e.g., early payment discounts, extended credit periods) affect its cash flow and potentially its pricing strategy?
- How does the size of a business affect its ability to negotiate better prices with suppliers or achieve economies of scale in production, thus influencing gross profit margin?
- What is the effect of employee morale and motivation on productivity and the quality of work, both of which can impact costs?
- What is the impact of co-production on overall profitability?
- What is the influence of public relations on gross profit margin?
- How do economic conditions influence gross profit margin?
- What is the influence of predictive maintenance on avoiding costly equipment failures?
- How do strong internal controls help prevent fraud, waste, and errors that can negatively impact profitability?
- What is the effect of theft and fraud on gross profit margin?
- What role does waste and spoilage play in determining gross profit margin?
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