Examlex
Strategic systems plans do not need to specifically align with business goals, but strategic plans need to support business goals.
Marginal Revenue
The increase in revenue that results from the sale of one additional unit of a product or service.
Average Total Cost
The total cost of production divided by the total quantity produced, representing the average cost per unit of output.
Implicit Costs
The opportunity costs of using resources owned by the business for its operations, not directly paid out in cash.
Delivery Truck
A vehicle specifically designed for transporting goods from one location to another.
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