Examlex
The Joint Chiefs of Staff serves as an advisor to the president on military policy.
Machinery
Mechanical devices or equipment required in the manufacturing process or any industry-specific operations.
Operating Leverage
A measure of how revenue growth translates into growth in operating income due to fixed versus variable costs in business operations.
Capital-Intensive
A business process or industry that requires large amounts of money to produce goods or services, often due to high costs of machinery and equipment.
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