Cost Reduction Strategies

1 words in this vocabulary list

noun a graduated range of values forming a standard system for measuring or grading something

verb to reduce the size, extent, or importance of something

  • In order to reduce costs, the company decided to scale down its operations.
  • We should scale down the party guest list to save money.
  • Let's scale down the road trip and just visit a few places instead of trying to see everything.
  • Sometimes we need to scale down our expectations in order to avoid disappointment.