Examlex
Action research is the process of determining whether the change process is ethical or not.
Variable Costs
Costs that vary directly with the level of production or volume of services provided, including materials and labor, contrasting with fixed costs.
Fixed Costs
Expenses that do not change with the level of production or sales, such as rent or salaries.
Time
A dimension in which events can be ordered from the past through the present into the future.
Contribution Margin
The amount by which a product's sales price exceeds its variable costs, contributing towards covering fixed costs and generating profit.
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