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Cost cutting
01
비용 절감, 비용 축소
the practice of reducing expenses or overhead in order to increase profitability or save money
cost cutting
n
예
The university implemented cost cutting measures by reducing non-essential services.
The government agency implemented budget cuts as part of its cost cutting strategy.
The office implemented energy-saving initiatives to achieve cost cutting in utility bills.
The manufacturing plant automated certain processes to achieve cost cutting in labor expenses.
The transportation company implemented fuel-efficient vehicles to achieve cost cutting in operational expenses.
