Examlex
Another version of a customer contact audit that includes all employee actions and acknowledges that services are designed to be "experiences" is referred to as
Fixed Resource
An asset or input whose quantity cannot be altered in the short run for the production of goods and services.
Explicit Costs
Direct, out-of-pocket payments for inputs or resources used by a business, easily identifiable and recorded.
Entrepreneurial Talent
The unique set of skills, insight, and intuition possessed by individuals that enables them to identify and exploit new business opportunities.
Forgone Interest
The potential interest income lost when capital is invested in one project instead of being deposited in a savings account or invested in an alternative project.
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