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How the Threat of Substitute Products Impacts Industry Profitability
- December 23, 2024
- Posted by: Kleos Advisory
- Category: Business plans
No CommentsAmong these forces, the threat of substitute products plays a critical role in determining market dynamics and influencing a firm’s bottom line.
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Understanding the Difference Between Fixed and Variable Costs
- November 21, 2024
- Posted by: Kleos Advisory
- Category: Economics
In the world of business finance, understanding fixed and variable costs is crucial for effective budgeting, pricing, and profitability management.
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