Examlex
The more the cost base is composed of fixed or indirect costs,the more straightforward it is for managers to use cost reduction strategies to protect the organization's profitability in response to decreases in demand for products and services.
Prospects
Potential customers or clients who have been identified as fitting the target market and who may have an interest or need for a company’s product or service.
Technology
The application of scientific knowledge for practical purposes, especially in industry and the creation of tools, machines, and software to solve problems or improve existing solutions.
Avoid Duplicating
involves taking measures to prevent repetition or copying in processes, information, or products to ensure uniqueness and efficiency.
Corporate Credit Ratings
Assessments made by credit rating agencies that evaluate a corporation's ability to repay its debts.
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