ABSOLUTE CHANGE Definition

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ABSOLUTE CHANGE is a numerical change in an empirical value, e.g. cost of goods was reduced by $9.00.

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SUBVENTION is the provision of assistance or financial support such as an endowment or a subsidy from a government or foundation.

TARGET is the goal intended to be attained and which is believed to be attainable, e.g. sales target, margin target, or profit target.

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