Examlex
Pavlov found that dogs would salivate to the sound of a bell before food was presented, demonstrating the process of conditioning.
ROCE
Return on Capital Employed; an economic metric that evaluates how effectively a firm uses its capital to generate profits.
Variable Costs
Expenses that shift in direct proportion to the amount of production or sales, like labor and materials.
Fixed Costs
Costs that remain consistent for a company irrespective of how much goods or services it produces.
Financial Leverage
Financial leverage is the use of borrowed funds to increase the potential return of an investment.
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