Examlex
One drawback of becoming a franchisor relates to possible new restrictions as a requirement for contract renewal.
Union Labor
Workforce that is represented by a union, which negotiates wages, working conditions, and other benefits on their behalf.
Production Cost
The total expense incurred in manufacturing a product or offering a service, including raw materials, labor, and overheads.
Final Product
A good or service that has completed all stages of production and is ready for consumption by the end-user.
Labor Costs
The total sum of all wages, benefits, and taxes paid to employees by an employer for work performed.
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