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The operations manager suggests a hike in the prices to improve productivity.However, Frank rules this option out.What could be the possible reason for this?
Indirect Expenses
Costs that are not directly linked to the production of goods or services, such as administration and marketing expenses.
Metric
A quantifiable measure that is used to track and assess the status of a specific process or activity.
Quantify Performance
The process of measuring the efficiency and effectiveness of an action or entity using numerical data.
Measure
Quantitative assessment or size determination of a particular attribute or characteristic by using a tool, unit, or system.
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