03-01-2007, 10:44 PM
Quote:Joanne, how can a company be insured against a drop in profit?
They are not technically 'insured' by an outside source, but self insuring so to speak.
By this is just means 'creaming off the profits from another source' :wink:
Large car manufacturers are prime examples of this. You'd be amazed how much loss one plant can make and then use another plant as it's prop up.
Sorry that previous post was a bit misleading
Memmia AKA Joanne Wenlock.
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