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Organizational certification is the certification of a group or health-care institution by some external agency and indicates that the institution has met standards established by either the government or by a nongovernmental agency. Organizational certification is usually referred to as which of the following?
Variable Cost
Costs that change in proportion to the level of output or activity, such as materials and labor directly involved in production.
Firm
A firm is a business organization that produces and sells goods or services in an effort to generate profit.
Shut Down
The temporary or permanent closure of a business operation due to various reasons such as financial losses, market conditions, or legal mandates.
Ramifications
A consequence of an action or decision, often complex or unwelcome.
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