CLEAN : Five killed as Bangladesh police raid Islamist hideouts

The video discusses the challenges faced when the margin on a product or service is not effective, highlighting the implications for business profitability.

What is the primary role of margins in a business?

• To determine the selling price of a product

• To calculate the total revenue

• To assess the profitability of a product

• To evaluate employee performance

Why might a margin not be effective?

• Due to high production costs

• As a result of poor marketing strategies

• Because of ineffective leadership

• Because of low employee morale

What could be a consequence of a non-working margin?

• Increased market share

• Higher customer satisfaction

• Reduced profitability

• Improved brand reputation

How can businesses address non-working margins?

• By increasing product prices

• By reducing operational costs

• By hiring more staff

• By expanding into new markets

What is a potential strategy to improve margins?

• Enhancing product quality

• Increasing advertising spend

• Offering more discounts

• Reducing product variety