Examlex
ERP systems,due to their emphasis on data security,are designed to restrict the flow of data through an organization.
Variable Costs
Expenses that change in direct proportion to the amount of production or output.
Total Cost
The sum of all costs incurred by a business in the production of goods or services, including fixed and variable costs.
Prospective Sales
Forecasted or anticipated sales based on current trends, marketing strategies, and economic conditions.
Economies of Scale
Cost advantages reaped by companies when production becomes efficient, as the cost per unit of output decreases with increasing scale.
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