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The "great person" theory is another name for the_______ theory of leadership.
EBIT
EBIT stands for earnings before interest and taxes, and it's a measure of a firm's profit that includes all expenses except interest and income tax expenses.
Operating Leverage (DOL)
A measure of how revenue growth translates into growth in operating income, indicating the fixed versus variable costs of a business.
Variable Cost
A cost that changes in proportion with the level of output or activity.
Fixed Costs
Business expenses that remain unchanged regardless of the level of production or sales activities, such as rent, salaries, and insurance.
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