According to Thomas Friedman,what Are the Three Powerful Forces Which

question 37

Essay

According to Thomas Friedman,what are the three powerful forces which helped in the convergence of the 10 isolated and world-shaping events?

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Definitions:

Sales Proportion

The ratio of a particular product's sales to the total sales of all products, often used to analyze the performance or popularity of products.

Multiple Products

The strategy or condition of manufacturing or selling a variety of different products, often to diversify risk or meet various consumer demands.

Operating Leverage Factor

A measure showing the degree to which a company can increase operating income by increasing revenue, emphasizing the fixed to variable costs ratio.

Net Profit

Net profit, also known as net income, is the amount of earnings remaining after all expenses, taxes, and costs have been subtracted from total revenues.