An improvement in the financial viability of a business can be explained by:

1. An increase in revenue: More revenue means more money coming into the business, which can improve its financial viability. This could be achieved by selling more products or services, increasing prices, or finding new revenue streams.

2. A decrease in costs: Lower costs mean the business is spending less to operate, which can also improve its financial viability. This could be achieved by finding cheaper suppliers, reducing overheads, or improving efficiency.

3. A decrease in costs and an increase in revenue: This is the most effective way to improve financial viability, as it means the business is both earning more and spending less.

4. An increase in revenue and an increase in costs: This may not necessarily improve financial viability, as the increase in costs could offset the increase in revenue. However, if the increase in revenue is greater than the increase in costs, then financial viability could still be improved.

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An improvement in the financial viability of a business can be explained by:

1. An increase in revenue: More revenue means more money coming into the business, which can improve its financial viability. This could be achieved by selling more products or services, increasing prices, or finding new revenue streams.

2. A decrease in costs: Lower costs mean the business is spending less to operate, which can also improve its financial viability. This could be achieved by finding cheaper suppliers, reducing overheads, or improving efficiency.

3. A decrease in costs and an increase in revenue: This is the most effective way to improve financial viability, as it means the business is both earning more and spending less.

4. An increase in revenue and an increase in costs: This may not necessarily improve financial viability, as the increase in costs could offset the increase in revenue. However, if the increase in revenue is greater than the increase in costs, then financial viability could still be improved.

Knowee AI · Accepted Answer

An improvement in the financial viability of a business can be explained by:

1. An increase in revenue: More revenue means more money coming into the business, which can improve its financial viability. This could be achieved by selling more products or services, increasing prices, or finding new revenue streams.

2. A decrease in costs: Lower costs mean the business is spending less to operate, which can also improve its financial viability. This could be achieved by finding cheaper suppliers, reducing overheads, or improving efficiency.

3. A decrease in costs and an increase in revenue: This is the most effective way to improve financial viability, as it means the business is both earning more and spending less.

4. An increase in revenue and an increase in costs: This may not necessarily improve financial viability, as the increase in costs could offset the increase in revenue. However, if the increase in revenue is greater than the increase in costs, then financial viability could still be improved.

Which of the following can we be sure will explain an improvement in the financial viability of a business?YOUR ANSWERYour AnswerAn increase in revenue.A decrease in costs and an increase in revenue.A decrease in costs.An increase in revenue and an increase in costs.

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