Examlex
What element of the promotion mix promotes a close, personal contact with customers?
Contribution Margin Ratio
The proportion of sales revenue that remains after variable production costs are deducted, indicating the profitability of specific products.
Monthly Sales
represent the total revenue or units sold within a month.
Products
These are items or services created through a process of production and are offered in the marketplace to satisfy consumer demand.
Break-Even Level
The point at which total revenues equal total expenses, and the business neither makes a profit nor incurs a loss.
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