Examlex
Public relations professionals are not objective observers, but are advocates for their clients.
Marginal Cost
The rise in expenses for the production of an additional unit of a product or service.
Downstream Division
A sector of a company or industry that focuses on the final stages of production and distribution to end-users, often involving refining, selling, and distribution processes.
Transfer Price
The price at which goods and services are sold between departments or subsidiaries within the same company.
Fixed Costs
Costs that remain constant regardless of the amount of goods produced or sold, including expenses like lease payments, employee wages, and insurance fees.
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