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Life expectancy peaks at a world high of 83.9 years in
Operating Leverage
measures a company's fixed costs relative to its total costs, indicating how a change in sales will affect its operating income.
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.
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