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Some employees view the human resources (HR) department as irrelevant and do not consider HR practitioners as true business leaders.
Transfer Price
The price at which goods and services are sold between divisions within the same company, influencing the financial performance of each division.
Variable Cost
Costs that change in proportion to the level of goods or services that a business produces.
Additional Parts
Components or pieces beyond the basic requirements that are included in the manufacturing or assembly of a product.
Idle Capacity
Unused or underused production capability within a manufacturing facility, often resulting in inefficiency and lost potential revenue.
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