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Jane and Ben, managers of KT Inc., are employed in different cities. They encounter similar problems while developing a new product, but are unable to meet face-to-face for any discussion. Explain the group decision-making techniques that can help them engage in joint problem solving by generating creative ideas.
Net Income
The amount of earnings left over after all expenses and taxes have been deducted from total revenue.
Revenue
The total amount of money received by a company for goods sold or services provided during a certain time period.
Break-Even Point
The break-even point is the point at which total costs and total revenues are equal, meaning there is no net loss or gain.
Variable Costs
Costs that vary depending on the level of production or sales.
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