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Who is in charge of maintaining project history, creating schedules, managing resources, setting up team meetings, prioritizing projects, training new employees about agency processes, setting up new clients, routing proofs, proofreading material, and whatever else needs to be done to ensure deadlines are met?
Markup
The uplift in the purchase price of items specifically to recover operational overhead and to make a profit.
Split-off Point
The stage in a production process where multiple products are derived from a single process or material, leading to separate further processing.
Joint Production Costs
Costs incurred in the process of producing two or more products simultaneously from the same raw materials or process.
Split-off Point
Refers to the stage in a production process where joint products can be recognized as separate products.
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