Examlex
The space between two ribs is called the ________ space.
Profit
The financial gain obtained when the amount earned from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.
Strategic Planning
A systematic process of envisioning a desired future and translating this vision into broadly defined goals and a sequence of steps to achieve them.
Implementing Tactics
Refers to the process of putting strategic plans into action to achieve specific goals.
Functional Areas
Departments or teams within a business that focus on specific functions or activities like marketing, finance, operations, or human resources, contributing to the organization's overall goals.
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