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Communicating Management
The process of conveying strategic decisions and policies from management to lower-level employees and stakeholders to ensure alignment and understanding.
Effective Means
Methods or strategies that achieve desired results or objectives efficiently.
Budget
An estimate of income and expenditure for a set period of time, guiding financial planning and performance evaluation.
Contribution Margin
The revenue remaining after variable costs are subtracted, indicating how much revenue contributes to fixed costs and profit.
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