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Hedging the position of individual subsidiaries is generally necessary, even if the overall performance of the MNC is already insulated by the offsetting positions between subsidiaries.
Activity-Based Costing
A method of costing that identifies specific activities within an organization and assigns costs to those activities based on their use of resources.
Activity-Based Costing
A costing method that assigns costs to products and services based on the resources they consume.
Labor-Related
Pertaining to aspects of work or employment, often focusing on workers, their conditions, wages, or productivity.
Direct Labor-Hours (DLH)
The total amount of labor time expended directly on manufacturing or producing goods, often used to allocate costs to products.
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