Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What do you meant by "profit"? when you can tell your company is profitable stage?

user-image
Question added by dhileep kazhungil , Sales Executive , Al Rizq Advertising LLC
Date Posted: 2013/10/18
Mahmoud Yaseen Alhusayni
by Mahmoud Yaseen Alhusayni , Executive Director-Technical Office , High Authority for Tender Control

Profit means that for each dollar you spent you earned a certain fraction for that dollar, this could be calculated at each stage through the cost performance index CPI which the result of the amount earned over the amount spent. If the result is more than1 you it is a profitable stage if the result is less than1 means that you are lossing or not using the funds effciently.

More Questions Like This