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As your business has grown, you have found it increasingly hard to keep track of your mailings to your customers without using a database, so the time has come to use a database, and with it, mail merge technology. You turn to your friend Thomas, since he has been doing mail merges for a long time and can guide you in the use of this tool in Microsoft Word.
-Thomas helps you to get comfortable with some of the vocabulary of merging documents. What is another name for a form letter?
Operating Leverage
A financial concept that measures a company's fixed costs as a percentage of its total costs, indicating how a change in sales will impact profits due to fixed expenses.
Wire Strippers
A hand tool used to strip the insulation from electric wires.
Manufacturer
A person or company that makes goods for sale, typically involving machinery and labor.
Unit Contribution Margin
The amount by which the sale price of a unit exceeds its variable cost, indicating how much each unit contributes to covering fixed costs and generating profit.
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