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The first step in organizing begins when employees and union officials meet to explore the possibility of unionization.
Static Budget
A budget that is created based on a fixed set of assumptions and does not change in response to variations in business activity levels.
Patient-Visits
A metric in healthcare representing the number of patients who see a healthcare provider within a specific timeframe.
Total Cost
The sum of all costs incurred in the production of goods or services, including direct, indirect, fixed, and variable costs.
Flexible Budget
A budget that adjusts or flexes with changes in volume or activity, allowing better budgeting accuracy.
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