Examlex
Britain's legal system is based on religious law.
Standard Variable Cost
The anticipated cost of variable inputs (like labor and materials) for producing one unit of product or service under standard operating conditions.
Profit Centre
A business unit or department within an organization that is responsible for generating its own revenue and profits, allowing for easier tracking of financial performance.
Company-Owned Restaurant
A restaurant that is directly owned and operated by the company or brand itself, rather than by a franchisee or independent operator.
Sales Department
The division within a company responsible for managing sales activities and strategies to generate revenue.
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