Requirements for corporate profit management

The requirements for corporate profit management are:

1. A socialist enterprise must have a profit and must not have a loss. However, the main way to increase profits is to increase production and achieve maximum economic benefits with minimum labor consumption.

2. Strengthen sales management, carefully prepare product sales plans, execute sales contracts, comply with prescribed prices, timely delivery, handle accounting and recover payment. Only when the products are sold out as soon as possible can the needs of the country's construction and people's lives be met in time to realize profits.

3. Strengthen the cost management of products: Only by making full use of manpower, material resources and financial resources, and continuously reducing product costs, can we increase profits.

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