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Companies may be referred to as leaders and followers.Explain three ways companies can become leaders.
Budgeted Sales
Forecasted sales revenue for a future period, based on market analysis, historical data, and sales targets.
Target Profit
The amount of profit a company aims to achieve for a specific period.
Unit Sales
The total number of individual units sold.
Net Operating Income
The total profit of a company after operating expenses are subtracted from operating revenues, but before taxes and interest are deducted.
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