Examlex
What is a competitive advantage? What makes a competitive advantage sustainable?
Information Technology
The use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.
Step-down Method
A cost allocation method used to allocate overhead costs to departments or products, moving sequentially from departments with the highest overhead costs to those with the least.
Service Department
A service department is a unit within an organization that provides support services to other departments, rather than directly contributing to revenue.
Operating Department
A department in which the central purposes of the organization are carried out.
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