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Discuss the three important concepts regarding the Web and network privacy.
Work in Process
Inventory representing goods that are in the production process but not yet completed.
Finished Goods
Merchandise ready for retail, having gone through the manufacturing stage.
Raw Materials
Basic substances in their natural, modified, or semi-processed states, used as inputs to a production process for manufacturing goods.
Direct Labor
The cost of wages for employees who are directly involved in the production of goods or services, an integral part of manufacturing costs.
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