Examlex
Action potentials occur in the
Customer
An individual or organization that purchases goods or services from a business, often considered the centerpiece of marketing and sales strategies.
Close the Sale
The final step in the sales process where a seller successfully convinces a buyer to make a purchase.
Direct Costs
Expenses that can be directly attributed to the production of specific goods or services, such as labor and materials.
Annual Fixed Cost
Fixed costs that a business incurs over a year regardless of its activity level, such as rent, salaries, or insurance.
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