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A loss leader in business is something on which you lose money in order to attract customers to your enterprise in the hope that they will buy products on which you will make money. The client is 'led' into the store by an item that causes a loss. For example: in a small grocery store, the owner may buy lettuce for five units of currency but sell it for three units of currency. S/he will then lose two units per item sold. However if s/he is making a profit of three units on the peas and four units on the carrots and six units on the asperagus, AND the consumer who comes in (because they are attracted by the price of lettuce) also purchases other vegetables, the overall profit by the business has been achieved. Hence, the loss leader.
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How can a loss leader be deceptive?
If they holddd my dicckkk lmaooo
How do I calculate simple profit and loss?
Profit or loss = income - expenses. A positive number is profit, a negative number is loss.
What is a loss payee?
Loss payee is a party to whom an insurance loss payment or insurance sattlement may be directly paid.
What is loss rate on credit exposures?
if a borrower has default in payment ...so it a loss to bank...n the percentage of loss is the rate on its credit exposure
Why are entrepreneurs considered risk-takers?
Entrepreneurs can make either profit or loss from their venture. If the business is not going well, there will be loss, and this loss is considered as the risk.
What is an example of a loss leader?
The Corvette used to be a loss leader for Chevrolet .
How can a loss leader be deceptive?
If they holddd my dicckkk lmaooo
What is meant by the term Loss Leader?
Loss leader pricing means when they are sold below the cost price which could encourage the customers to buy other products sold by the business
What is the disadvantage of loss leader?
The disadvantage of Loss Leader is that if a company will lower their prices for a certain time and raise their prices again, the customers will not be comfortable with the increase in the price and so they will start buying for the competitor and not buy any more products from the shop/company/business!!! This is the best disadvantage of a Loss Leader you can get.....i am the most clever person in the world!!!!....joke
What happens Reflects a loss in performance resulting from low leader expectations?
Golem effect
What defines a leader?
A leader is a person who rules or guides or inspires others. It is also a featured article of merchandise sold at a loss in order to draw customers.
Who was the military leader whose loss in the battle of Yorktown Virgina is considered the end of the American revolution?
General Cornwallis
What is the advantage of loss leader?
Loss leaders is when you set a products price very low, the advantage of this is it will most likely attract customers who not only buy this low priced product but other products that are in the shop.
Can you sell your xbox 360 to gamestop and get the money you paid for it full price?
Not unless you bought it as a loss leader item or at a special sale
Why did everyone rest after Jesus died?
Because everyone was exhausted beat and drained from the whole crucifixion, and totally demoralised at the loss of their leader.
What is san Antonio batriatic?
San Antonio Batriatic is a Center for weight loss surgery in San Antonio, Texas.It is known for being up-to-date on the latest techniques and a leader in the field of weight loss surgery.
Why does the loss of a strong leader often lead to fracturing with an otherwise united group?
Strong leaders have the experience, strength and wisdom ( be it good or bad ) to rule and control. They also have the ability to bring different factions together and and maintain unity. ( Even if it is by a military threat of force ) If it is only through their own strength. President L Johnson was this kind of leader. It is often said he had "IOU's" from everyone in congress and was also an expert 'arm twister.' Tito was an example of this kind of a leader. After his loss, Yugoslavia soon broke apart into its ethnic divisions and all hell broke loss. Much of the power of this kind of leader comes from real or implied threats. kapm
