Examlex
The definition of marketing includes the assumption that the marketing processes will be conducted ethically and will serve the best interests of society, as well as the organization.
Materials Quantity Variance
The deviation between the realized quantity of materials consumed in production and the forecasted quantity, multiplied by the set cost per unit.
March
The third month of the year in the Gregorian calendar, known for marking the change from winter to spring in the Northern Hemisphere.
Materials Price Variance
The difference between the actual cost of materials used in production and the expected (standard) cost.
January
is the first month of the year in the Gregorian calendar, often associated with fresh starts and planning.
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