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For much of the 1970s and 1980s,the average yearly change in productivity
Electronics Division
A specialized department within a larger company focused on the development and production of electronic goods or components.
Variable Selling Expense
Costs that vary directly with the level of sales activity, such as commissions and shipping fees.
Transfer Price
The price at which goods or services are sold between divisions within the same company or between affiliated companies.
Selling Division
A division within a company responsible for the sales and distribution of the company's products or services.
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