Examlex
List three disadvantages of direct marketing.
Net Operating Income
A financial calculation that represents a company's total income generated from its operations, minus its operating expenses, excluding taxes and interest.
Fixed Expenses
Costs that remain constant for a given period regardless of the level of production or sales, such as rent or salaries.
Variable Expenses
Expenses that change in proportion to the activity of a business.
Financial Advantage
A benefit gained in financial terms, which can result from factors such as cost savings, investment returns, or other monetary gains.
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