Examlex
Compare and contrast centralized and decentralized organizations.
Financial Advantage
A benefit gained in terms of monetary gains or improved financial position, often resulting from investments, operational efficiency, or strategic decisions.
Fixed Expenses
Costs that do not change with the level of production or sales activity, such as rent, salaries, and insurance.
Contribution Margin
The portion of sales income available to cover fixed expenses and contribute to net profit, after covering all variable expenses.
Financial Advantage
The benefit gained in financial terms, which might include profitability, revenue growth, or value creation, compared to a baseline or competitors.
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