noun
Opex refers to operating expenses, which are the costs associated with running a business on a day-to-day basis. These expenses include things like rent, utilities, salaries, and supplies.
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The company is looking for ways to optimize opex to improve profitability.
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We need to cut down on opex if we want to save more money.
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Let's find some shortcuts to reduce opex and increase our bottom line.
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Managing opex is like navigating a maze - you have to find the most efficient path to reach your goal.