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Extrinsic rewards are tangible and only take non-monetary forms.
Fixed Costs
Financial obligations like rent, salaries, and insurance that do not vary with changes in production or sales figures.
Utilization Rate
Typically refers to the ratio of currently used resources to the total available resources, often used in the context of credit utilization or operational capacity.
Net Income
The total earnings or profit of a person or company after deducting all expenses and taxes.
Variable Costs
Expenses that fluctuate based on the amount of products or services a company generates.
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