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Simplify the complex fraction.
CVP
Cost-Volume-Profit Analysis, a financial tool used to determine how changes in costs and sales volume affect a company's operating income and net income.
Better Value
Describes a product or service that offers more favorable conditions or advantages for its cost compared to other options.
Competition
The rivalry between businesses or individuals over customers, market share, and resources.
Business Model Canvas
A strategic management tool used to develop new or document existing business models, visually outlining a company's value proposition, infrastructure, customers, and finances.
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