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The major breakthrough in the computing industry in the 1970s was the invention of
Labour Cost
The total expenditure incurred by employers to compensate the workforce, including wages, benefits, and any other employee-related expenses.
Per Unit
A term used to define the cost, price, or quantity relative to a single unit of a product or service.
Political Risk
The likelihood of financial loss or other adverse effects on investment outcomes due to political instability, government actions, or geopolitical tensions in a region.
Cultural Issues
Differences in beliefs, values, practices, and behaviors among people from different backgrounds, which can impact interactions and create challenges in various contexts.
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