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The Margin of a Business Process Is the Value of the Outputs

question 137

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The margin of a business process is the value of the outputs minus the combined costs of the inputs and activities.


Definitions:

Economic

Relating to the economy or system of organization and processes used in the management of a region's, country's, or entity's resources.

Resistance To Change

The reluctance or refusal to adapt to new conditions, policies, or technologies in a workplace or other environment.

Highly Dependent

A state or condition where individuals, systems, or organizations rely significantly on external factors or support for functioning, stability, or survival.

Boss

A person who is in charge of a worker, group, or organization, and has authority over them.

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