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leverage
by 趙永祥 2015-10-28 09:48:07, 回應(0), 人氣(1210)



BusinessDictionary.com
TERM OF THE DAYOCTOBER 23, 2015
leverage
f   t

The ability to influence a system, or an environment, in a way that multiplies the outcome of one's efforts without a corresponding increase in the consumption of resources. In other words, leverage is the advantageous condition of having a relatively small amount of cost yield a relatively high level of returns. See also financial leverage and operating leverage
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USAGE EXAMPLE
The company can leverage its assets to request better terms of agreement for building expansion loan, for example smaller down payments, or lower interest rates.
FRIDAY QUIZ CHALLENGE
QUESTION
An individual's action that begins a process, often done without direct managerial influence. For example, an employee might take the initiative to come up with a new product or service that the company could offer.
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