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The Feedback Phase of the Communication Process Is Initiated by the Original

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The feedback phase of the communication process is initiated by the original sender (who becomes a receiver).


Definitions:

Variable Cost

Operational expenses of a business that alter in accordance with the level of activity.

Tax Rate

A tax rate is the percentage at which an individual or corporation is taxed on their income or profits.

Degree of Operating Leverage

A financial metric that measures the sensitivity of a company's operating income to its sales.

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