flexibility Archives - Entrepreneur Post

Cost Structure – Explained

February 24, 2023February 24, 2023 Young Entrepreneur break-even point, competition, competitiveness, Cost structure, Depreciation, financial health, fixed costs, flexibility, industry, insurance, investment, labor, market, optimization, performance, pricing, product mix, production, profitability, profits, raw materials, rent, resources, risks, salaries, shipping, size, technology, utilities, variable costs

Cost structure refers to the combination of fixed and variable expenses that a company incurs in order to produce and

Low touch model – Explained

February 2, 2023February 2, 2023 Young Entrepreneur business strategy, customer satisfaction, customer service, efficiency, faster service, flexibility, human interaction, low-touch model, operating costs, self-service

The low-touch model is a business strategy in which the customer interacts with a company through self-service technologies, such as