Examlex
Research has shown that since the 1970's there has been a radical shift in top management in most organizations, with nearly half of all top executive positions being held by women.
Flexible Resources
Assets, such as labor or equipment, that can be adjusted or redirected in response to changing production or operational requirements.
Contribution Margin
The amount by which a product's selling price exceeds its total variable costs, representing the portion of sales revenue that contributes to covering fixed costs.
Variable Administrative Expense
Costs that vary directly with changes in business activity levels, like sales commissions or raw material costs.
Direct Materials
Raw materials that are directly incorporated into a finished product and can be easily traced to it.
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