Cash Cow
Example
For example, a company that implements Cash Cow strategies, like The company's legacy software is a cash cow, generating consistent revenue year after year., can see significant improvements in their business performance by streamlining workflows, enhancing productivity, and boosting overall profitability.
Definition
A business unit or product that generates a steady return of profits that exceed the amount of cash required to acquire or start it. This term is crucial in the Cash Cow context as it helps businesses understand how to Cash Cow in their operations, making it highly relevant for industries looking to optimize Cash Cow processes.
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