Examlex
One of the differences between organizational buying and consumer buying is that in organizational buying the decisions are often more risky, as an individual's career may be on the line.
Variable Cost
Costs that change in direct proportion to changes in a firm’s level of production.
Labor
Labor refers to the human effort, both physical and mental, used in the production of goods and services.
Fixed Cost
Costs that do not vary with the level of output or sales, such as rent, salaries, or insurance premiums.
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