Examlex
The first step in most grievance procedures is to hire an arbitrator to organize and oversee the grievance process.
Factory Insurance
Insurance coverage designed to protect manufacturing facilities against losses from events like fire, theft, and natural disasters.
Raw Materials
Basic materials that are used in the production process to manufacture goods, often transformed into final products or component parts.
Production
The process of creating goods and services, involving both the conversion of raw materials into finished products and the creation of value.
Year Ended
The conclusion of a 12-month accounting period, at which financial statements are prepared to summarize the year's transactions.
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