Examlex
What benefits do customers derive from relationships in service industries?
Cost Behaviour
The characteristic of costs that they either remain stable or change in response to variations in business activity levels.
Sales in Units
The total number of individual items sold by a company, as distinguished from sales measured in currency.
Indirect Costs
Expenses that are not directly traceable to a specific product or process, such as utilities or administrative salaries.
Contribution Margin
is the amount of revenue left after deducting variable costs, which can be used to cover fixed costs and contribute to profits.
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