Examlex
In Excel,a(n) ________ is where a row and column intersect.
Outsourcing
The business practice of hiring third parties to perform services or create goods that were traditionally performed in-house.
Make or Buy
A decision-making process used by companies to determine whether they should produce goods internally or purchase them from an external supplier.
Indirect Spend
Expenses incurred for materials, services, and maintenance that do not directly contribute to the production of goods.
Direct Spend
Expenses directly tied to the production of goods or services, such as raw materials and labor.
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