Examlex
Speech recognition is a type of AI that computers can use to understand natural human languages. _________________________
Planning and Control
Planning and Control encompass the processes used by management to set goals, implement strategies, and ensure the organization's resources are used effectively and efficiently to achieve them.
Transfer Price
The price at which goods or services are sold between divisions within the same company.
External Market
The environment outside a business in which it operates, dealing with the supply, demand, and pricing of goods and services.
Variable Manufacturing Cost
Costs that vary directly with the level of production output, such as raw materials and direct labor.
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