Examlex
In a flowchart,the ____ is used to represent processing.
Franchise
A type of license that a party (franchisee) acquires to allow them to have access to a business's (franchisor) proprietary knowledge, processes, and trademarks to sell a product or provide a service under the business's name.
Cost Price Approach
A pricing method that determines the selling price of a product by adding a profit margin to the total cost of production.
Transfer Pricing
The pricing of goods, services, and intangibles transferred within divisions of a company or across affiliated entities to reflect market conditions.
Support Department
An organizational unit that provides essential services to other departments within an organization but does not directly contribute to profit.
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