Examlex
Senior and line managers typically own the responsibility for implementing change in high-performance work systems.
Spread
The difference between two prices, rates, or yields, often referring to the bid-ask spread in securities.
Direct Costs
Expenses that can be directly tied to the production of specific goods or services, such as labor and materials.
Floatation Costs
The various costs associated with taking a company public, including legal, accounting, and marketing expenses, among others.
Firm Commitment
A definitive promise by an underwriter to purchase all of an issuer's securities at a specified price for resale to the public.
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