Question: Suppose you are told that the business process in Figure 3-13 has a negative margin. Explain what that means. Suppose the margin of some business
Suppose you are told that the business process in Figure 3-13 has a negative margin. Explain what that means. Suppose the margin of some business process is a negative $1 million. If costs are reduced by $1.2 million, will the margin necessarily be positive? Explain why or why not.
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A negative margin means that the value produced by the ... View full answer
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