Counterintuitive strategies to navigate the recession: Part 2
Zycus Cognitive Procurement
NOVEMBER 29, 2022
In good times, operating leverage (ratio of fixed and variable costs) can supercharge profit growth. However, in times of growth, new costs and expenses also tend to creep in, and over time, these costs harden and morph into fixed cost structures. In troubling times, high operating leverage comes back to bite, crushing profits.
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