ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What are total revenues?
A
All the money going out of a business
B
All the sales only money from the business
C
All the money coming into a business
D
None of the above
Explanation: 

Detailed explanation-1: -Total revenue is the amount of money a company brings in from selling its goods and services. In other words, company’s use this metric to determine how well they’re generating money from their core revenue-driving operations. Marginal revenue directly links to total revenue.

Detailed explanation-2: -Total revenue is all income generated from the total sales of goods and services regardless of revenue source: sales, marketing, customer success, and investments. Total revenue is almost always higher than sales revenue because it is the cumulation of all revenue generating channels of a company.

There is 1 question to complete.