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How does the area of labor relations affect international human resource management?
Price Sensitivity
The degree to which the demand for a product or service is affected by changes in its price.
Unconditional Warranty
A guarantee provided on a product that offers coverage or repair without any conditions or limitations.
Break-even Quantity
is the volume of sales a business must achieve to cover all its costs, without making a profit or a loss.
Marginal Revenue
The additional income generated by selling one more unit of a good or service.
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