Examlex
The compensation provided to industrial channel members should reflect:
Standardized Products
Goods or services that are uniform in quality and performance, produced in large quantities, and often interchangeable.
Manufacturing Steps
Processes or stages involved in converting raw materials into finished goods.
Direct Labor
Direct labor refers to the wages or salaries paid to employees who are directly involved in the manufacturing or production of goods.
Overhead
The indirect costs or expenses incurred by a business that are not directly tied to specific product production or service.
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