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Bring your own device (BYOD) is a business policy that permits, and in some cases encourages, employees to use their own mobile devices (smartphones, tablets, or laptops) to access company computing resources and applications.
Total Fixed Costs
Expenses that do not change in proportion to the activity of a business, such as rent, salaries, or insurance premiums.
Silk Flower Arrangements
Artificial flower displays made from silk and other materials, designed to replicate the appearance of natural flowers.
Fixed Cost
A cost that does not change with an increase or decrease in the amount of goods or services produced or sold.
Variable Cost
Costs that change in proportion to the level of production or sales, such as materials and labor directly involved in manufacturing.
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