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Anna's team was facing problems with getting support from the IT team. Anna thought the problem might lie in her team's method of communication, so she tried various ways to solve the problem. During a regular happy hour get-together, Anna learned that another department was facing the same issues that her team was facing. She relayed this message to her team the following day. What function did Anna perform?
Margin
Margin refers to the difference between the selling price of a good or service and its cost of production, usually expressed as a percentage of the selling price.
Return On Investment
A gauge of an investment's profit, expressed as the return percentage in comparison to the cost of the investment.
Residual Income
Residual income is the profit remaining after deducting all required costs of capital from operating income.
Margin
Typically refers to the difference between the selling price of a product and its cost, used to measure profitability.
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