Examlex
The ability of a test to measure what it is designed to measure is called standardization.
Downstream Division
A segment or part of an organization focused on the later stages of production or distribution in the supply chain, such as sales and delivery of the final product.
Profit Center
A department or segment of a business responsible for generating its own revenue and profit.
Minimizing Costs
The process of reducing expenses to the lowest possible level while maintaining efficiency and effectiveness.
Maximizing Profits
The process or strategy of adjusting operations, costs, and pricing to achieve the highest possible return or net income.
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