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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 • 785 views

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

"vast cost reduction"

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.
  • AcceptEmail realizes vast cost reduction and much shorter DSO (days sales outstanding). Moreover, it is more secure and safer than using paper. Due to the fact ...
  • ... by Gartner's Magic Quadrents, IDC, Forrester, & Quocirca) in being focused on true business process improvement, and vast cost reduction for our customers.
  • Active participation in a vast cost reduction campaign for warehouse goods and plant services and since 2012. • Presently piloting the revision of the cost of ...
  • Apr 24, 2013 ... ... the use of warm iron pole rotors mean vast cost reduction as promised in the original specification, providing for the high toque transmission.

Alternatives:

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

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

"firm cost reduction"

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.
  • Firm-regulator interaction with respect to firm cost reduction activities. Jeanne Wendel. Southern. Methodist. University. In the literature which has developed and ...
  • between cost-reduction and social welfare. In n-firm markets with linear costs and linear demand, a firm's cost-reduction is shown to reduce welfare if and only if ...
  • decisions. We will see that cost revelation always arises as equilibrium in this case. A firm's cost reduction and revelation decisions cannot be contingent on its.
  • ... solutions have positioned Creative Management Services as one of the leading law firm cost reduction consultants, helping clients save, on average, 15- 20%.

Alternatives:

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

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