Examlex
The digital divide is the situation in which individuals of lower socioeconomic status, who are predominantly people of color, have less access to the Internet and other forms of technology.
Machine Hour
A measure of production time, indicating the hours a machine is in operation.
Activity-Based Costing
A costing methodology that assigns overhead and indirect costs to related products and services based on the activities they require.
Overhead Cost
The ongoing expenses of operating a business that are not directly tied to the production of goods or services, such as rent and utilities.
Product Line
A group of related products under a single brand sold by the same company.
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