Examlex
The only way a firm can increase its profits is to increase its sales revenue.
Supplier Processes
The procedures and activities undertaken by suppliers to deliver products or services to their customers, including production, quality control, and distribution.
Cost Reduction
The process of cutting expenses to improve profitability without compromising the quality of products or services.
Effectiveness
The ability of an entity or process to achieve its goals or intended results with a minimal amount of waste, expense, or unnecessary effort.
Customer Satisfaction
The measure of how products or services provided by a company meet or exceed the expectations of its customers.
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