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The process of improving the competencies,team member interaction,and overall team environment to enhance project performance is known as:
Variable Cost
Costs that vary directly with the level of production or the volume of services provided.
Fixed Expense
Costs that remain unchanged over a specified period despite variations in business activity levels, such as lease payments or salaries for permanent staff.
Break-even
The point at which total costs and total revenues are equal, meaning no profit or loss is incurred.
Break-even Point
The point where total costs and total revenues are the same, leading to neither profit nor loss in sales or production levels.
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