Examlex
Typically, a sales force is structured around product lines, geographic territory or
Fixed Costs
Business expenses that remain constant regardless of the level of production or sales.
Variable Costs
Costs that change in proportion to the business activity or production levels, including raw materials and hourly labor.
Revenues
The total income generated by a company from its business activities before any expenses are subtracted.
Produce
In economic terms, it refers to creating goods or providing services as the result of a process of production.
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