Examlex
Distinguish between ERP and TPS; briefly detail how these systems support the entire organization.
Mark-up
The margin calculated by subtracting the cost of a product or service from its sale price, then dividing by the cost, expressed as a percentage.
Retail Price
The price at which goods are sold to the public, typically higher than the wholesale price.
Mark-up
Increment on the buying price of products targeted to offset operational costs and profits.
Selling Price
The price at which a product or service is sold to the consumer.
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