Examlex
The first step for an organization to start the empowerment process is to:
Monthly Demand
The total quantity of a product or service that consumers are willing and able to purchase in a month.
Selling Price
The amount a buyer pays to purchase a product, determined by cost, market demand, and competition.
Direct Materials
Raw materials that are directly traced and integral to the finished product.
Direct Labour
The labor costs directly associated with the manufacture of specific goods or services.
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