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A master brewer knows the exact ingredients to add to make a dark beer, a lager, or an ale. He understands the nuances of the fermentation process and when a batch reaches perfection. How can technology capture this specialized knowledge?
Variable Cost
Expenses that change in proportion to the activity of a business, such as costs for raw materials or production inputs.
Experiment
A scientific procedure undertaken to test a hypothesis, discover unknown effects, or demonstrate a known fact, usually under controlled conditions.
Business Practices
Established methods, protocols, or procedures followed by an organization in the conduct of its business.
Financial Information
Refers to data related to the financial performance, position, and cash flows of a business, including income statements, balance sheets, and statements of cash flows.
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