Examlex
If Valley Bridge contracts with Rainbow Painters to paint a bridge and the contract requires that only Sherwin Williams paint be used,then Sherwin Williams,as third party beneficiary,will be able to enforce the contract against either Valley Bridge or Rainbow Painters.
Minimizing Costs
The process of reducing expenses to the lowest possible level while maintaining the desired level of quality or output.
Division
A distinct part of a larger company or organization that focuses on a specific area of business or operation.
Profit Centers
Divisions or departments within an organization that are directly responsible for generating its income.
Information
Data that has been processed or structured in a meaningful way to be useful for decision-making or analysis.
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