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The most widely known development theory is___________ , which is a perspective that links global inequality to different levels of economic development and suggests that low-income economies can move to middle- and high- income economies by achieving self-sustained economic growth.
Controlling
The process of establishing standards, comparing actual performance against these standards, and taking corrective action to ensure objectives are met.
Planned Goals
Objectives or outcomes that an organization intends to achieve within a specific timeframe.
Manufacturing Costs
Costs directly associated with manufacturing products, encompassing raw materials, workforce expenses, and manufacturing facility costs.
Direct Materials
Raw materials that are directly traceable to the manufacturing of a product and represent a significant portion of the production cost.
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