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When recruiting employees, human resource managers focus primarily on the skills and training of the people they are recruiting, and work on determining "fit" after the hiring process has occurred.
Fixed Costs
Expenses that do not change in proportion to the activity of a business, such as rent, salaries, and insurance premiums, remaining constant regardless of variations in business activity.
Variable Costs
Expenses that change in proportion to the activity of a business, such as materials or labor directly tied to production volume.
Break-even Sales
The point at which total sales equal total expenses, resulting in no profit or loss.
Fixed Costs
Expenses that do not change with the level of goods or services produced by a business, such as rent, salaries, and insurance.
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