Username: LuckyMan Rating: Asked to: Talitha Taslim Date Created: 21 Oct 2016 |
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Category | 28 |
Tag | Financial |
Question | What does 'Ramp Up' mean? |
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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