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When an anticipatory breach has taken place (where a person, before performance is due, states that he will not perform the contract)
Managing Costs
The process of planning, monitoring, and controlling the expenses associated with business operations to maximize profitability.
Major Improvements
Significant upgrades or enhancements made to processes, systems, or assets to increase efficiency, performance, or value.
EDI
Electronic Data Interchange, a system that allows the exchange of business documents and data across different companies electronically.
B2C
Business-to-Consumer, a commercial transaction model where businesses sell products or services directly to the end-users or consumers.
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