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The expression for the equilibrium constant, K, for the general reaction: a A + b B c C + d D is
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Proactive Firms
Businesses that anticipate and act on future needs or changes, rather than reacting to events after they happen.
Profit
The financial gain obtained when the revenue from business activities exceeds the expenses, costs, and taxes involved in maintaining the activity.
Market Share
The percentage of total sales revenue in an industry generated by a particular company.
Efficiency
The ability to accomplish a job with a minimum expenditure of time and resources.
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