Examlex
Outsourcing refers to the practice of transferring the operations of a business function to an outside supplier.
Selling Price
The amount for which a product or service is sold to the customer.
Unit Cost
The expenditure involved in generating, keeping, or obtaining one unit of a product or service.
Overhead
An ongoing expense of operating a business, such as rent, utilities, and salaries.
Break-even Price
The price level at which the revenues for a product or service equal the costs, resulting in neither profit nor loss.
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