Examlex
_____ is the use of hierarchical authority to influence employee behavior by rewarding or punishing employees for compliance or noncompliance with organizational policies, rules, and procedures.
Direct Materials
Raw materials directly used in the production of goods, easily traceable to the product being manufactured.
Operating Income
The profit realized from a business's core operations after deducting operating expenses such as wages and cost of goods sold, but before taxes and interest.
Direct Labor
The cost of wages for those workers directly involved in the production of goods or services, not including support staff.
Overhead
General business expenses that are not directly attributable to a specific business activity, product, or service but are necessary for the business to operate.
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