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In addition to a desire to expand abroad, Europe overseas expansion was made possible by
Operating Leverage
A measure of the relative mix of a business’s variable costs and fixed costs, computed as contribution margin divided by operating income.
Highly Automated Industries
Sectors where machines and advanced technologies preponderantly perform production and operational processes, reducing human intervention.
Break-even Point
The point at which total revenues equal total costs and expenses, leaving no net loss or gain.
Margin of Safety
The difference between actual or expected sales and the sales level at which a company breaks even, providing a buffer against losses.
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