Examlex
Explain and illustrate with real-life examples three distinct aspects of economic globalization in the Global South.
Direct Labor Cost
The total cost of all labor hours that are directly involved in the production of goods or the provision of services.
Manufacturing Costs
Expenses directly involved in the production of goods, including direct labor, materials, and manufacturing overhead.
Delivery Expenses
Costs incurred by a company to deliver goods to a customer, including transportation and handling charges.
Raw Material
Basic materials that are used in the production process to manufacture finished goods.
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