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Basis  
Level
Associate
'Basis' refers to the fundamentalbasic, primary or primary part or aspect of anything. It's like the heart of a matter or the core upon which something is establishedset up or based.
Context
Business
In business strategya plan of action, the 'basis' often refers to the core principle driving an initiativea plan or strategy. A CEO might say, 'Sound financial management is the basis of our growth strategya plan of action.'

Practice Professional Conversation

Listen to the given audio and respond using 'basis'.
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