Examlex
________ convergence describes the development of hybrid devices that can combine the functionality of two or more existing media platforms into a single device.
Lag Strategy
A business approach where the decision to increase capacity is delayed until demand has proven to sustain at a higher level.
Subcontractors
Third-party businesses or individuals hired to perform part of the work that was originally contracted by another company.
New Facilities
Refers to the construction or opening of new physical buildings or infrastructure for business or operational use.
Break-Even
is a financial term indicating the point at which costs or expenses and revenue are equal, resulting in no net loss or gain.
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