Examlex
The concept that structure follows strategy was developed by Alfred Chandler.
Gross Sales
The total sales revenue from goods or services before any deductions for returns or discounts.
Direct Expense
Expenses that can be directly attributed to the production of specific goods or services, such as materials and labor.
Sales Salaries
Compensation paid to employees directly involved in the sales function of a business, typically comprising both base salary and commissions.
Administrative Expense
Expenses related to the general operation of a business, including salaries of executive personnel, accounting and legal services, and insurance.
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