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As Eliza Doolittle says in George Bernard Shaw's Pygmalion, "The difference between a lady and a flower girl is not how she behaves, but how she's treated." Which theory of deviance also refers to this dynamic?
Committed Fixed Costs
Investments in facilities, equipment, and basic organizational structure that can’t be significantly reduced even for short periods of time without making fundamental changes.
Short Term
A time period typically lasting less than one year, used to evaluate financial performance, investments, and objectives that are expected to be achieved within a brief timeframe.
Step-Variable Cost
A cost that remains constant for a certain level of activity, but changes in step fashion once a certain threshold is surpassed.
Activity
An event that causes the consumption of overhead resources.
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