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vast cost reduction vs firm cost reduction

Both phrases are correct, but they are used in different contexts. 'Vast cost reduction' implies a significant or substantial decrease in costs, while 'firm cost reduction' suggests a strong or definite decrease in costs. The choice between the two depends on the specific emphasis the speaker wants to convey.

Last updated: March 19, 2024

vast cost reduction

This phrase is correct and commonly used to indicate a significant or substantial decrease in costs.

This phrase is used to describe a large or considerable reduction in costs. It emphasizes the scale or magnitude of the cost reduction.

Examples:

  • The implementation of new technology led to a vast cost reduction for the company.
  • The company achieved a vast cost reduction by streamlining its operations.
  • The government's new policy resulted in a vast cost reduction in healthcare spending.
  • The company's restructuring efforts resulted in a vast cost reduction across all departments.
  • The investment in renewable energy sources brought about a vast cost reduction in energy bills.

Alternatives:

  • significant cost reduction
  • substantial cost reduction
  • considerable cost reduction
  • large cost reduction
  • massive cost reduction

firm cost reduction

This phrase is correct and commonly used to indicate a strong or definite decrease in costs.

This phrase is used to describe a solid or decisive reduction in costs. It emphasizes the certainty or stability of the cost reduction.

Examples:

  • The company's cost-cutting measures led to a firm cost reduction in expenses.
  • The new supplier agreement resulted in a firm cost reduction for the manufacturing plant.
  • The company's restructuring plan aimed to achieve a firm cost reduction in the next fiscal year.
  • The efficiency improvements brought about a firm cost reduction in production.
  • The strategic sourcing initiative resulted in a firm cost reduction in procurement.

Alternatives:

  • strong cost reduction
  • decisive cost reduction
  • definite cost reduction
  • solid cost reduction
  • stable cost reduction

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