When deciding whether to discontinue a segment of a business relevant costs include total contribution margin generated by the segment relative to any traceable (avoidable) fixed costs associated with the segment.
A business is an activity that makes a living or makes money by manufacturing or buying and selling products. It is also "an activity or business carried on for profit." Home Sales
Business is defined as an organization or corporate entity engaged in commercial, industrial, or professional activity. A company can be either a commercial entity or a non-profit entity. Legal forms range from limited liability companies to sole proprietorships, corporations and partnerships.
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