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Operating Cost
Expenses associated with the day-to-day operations of a business, including salaries, utilities, and rent.
Purchase Order
A formal document issued by a buyer to a seller, detailing the products, quantities, and agreed prices for products or services.
Price Reductions
A strategy where a business lowers the price of its products or services to attract more customers, increase sales volume, and possibly outmaneuver competitors.
Supplier's Financial Capacity
The ability of a supplier to meet contractual obligations, including production and delivery, based on their financial resources.
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