Examlex
The gross margin ratio equals net sales less ________ divided by net sales.
Venture
A business venture refers to a new enterprise or initiative that involves some level of risk, aiming for growth and profit.
Failure Rates
The percentage of businesses or projects that do not succeed, often used as a metric to assess risk or the effectiveness of strategies.
High-Growth Stage
A phase in a company's development characterized by a rapid expansion in revenue, customer base, or market share.
New Ventures
Refers to newly established businesses or projects initiated with the aim of exploring novel market opportunities.
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