Examlex
________ recognize a societal problem and use business principles to develop innovative solutions.
Personnel Expenses
Costs associated with employing staff, including wages, benefits, and training costs.
Planning Budget
A financial plan that estimates the revenue and expenses for a specific period in the future, often used for setting financial goals.
Administrative Expenses
Overhead costs related to the general operation of a company, such as salaries of executive personnel, office supplies, and utilities.
Planning Budget
A budget designed for a specific level of activity, used for planning and control purposes.
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