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Mediation and arbitration are examples of alternative legal means of settling disputes.
Fixed Cost
Costs that do not vary with the level of output or sales, such as rent, insurance, and salaries.
Revenue Line
Represents the income that a company generates from its normal business operations, typically shown at the top of an income statement.
Total Cost Line
A representation in graph form of the total cost of producing goods or services, which includes both fixed and variable costs, as a function of output level.
Operating Leverage
A measure of how revenue growth translates into growth in operating income, indicating the proportion of fixed to variable costs a company has.
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