Examlex
Kroto, Smalley and Curl won the Nobel Prize for ________.
Forecasting Error
Forecasting error refers to the difference between actual outcomes and previously predicted values, directly impacting planning and decision-making.
Operating Leverage
A measure of how revenue growth translates into growth in operating income, indicating the degree to which a company can leverage fixed costs.
Capital Intensive
Refers to industries or businesses that require large amounts of money to buy, maintain, or improve their assets such as property, plants, and equipment.
Variable Costs
Costs associated with a business that fluctuate according to operational levels.
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