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Username: LuckyMan

Rating:
Guru Stars

Asked to: Talitha Taslim

Date Created: 21 Oct 2016
Category 28
Tag Financial
Question What does 'Ramp Up' mean?
Advice from Guru
Hi LuckyMan,

Ramp up is a significant increase in the level of output of a company's products or services. A ramp up typically occurs in anticipation of an imminent increase in demand. While it is generally a feature of smaller companies at an early stage of development, a ramp up can also be undertaken by large companies that are rolling out new products or expanding in new geographies.

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