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Define each of the following dimensions of multicultural counseling competence-awareness, knowledge, and skill; give an example for each dimensions, and talk briefly about how it would be useful or helpful for the client in counseling.
High-margin Items
Products or services that generate a significantly higher percentage of profit compared to their cost of production or acquisition.
Low-margin Items
Products or services that generate a minimal profit margin, often sold to attract customers or achieve volume sales.
Contribution Margin Ratio
A financial metric indicating the portion of sales revenue that is not consumed by variable costs and therefore contributes to covering fixed costs.
Unit Contribution Margin
The difference between the selling price per unit and the variable cost per unit.
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