Examlex
What are the two main categories in a value chain analysis?
Period Cost
Costs that are not directly tied to the production process and are therefore expensed in the period they are incurred.
Variable Cost
Outlays that adjust according to the quantity of production or level of output.
Administrative Office
The part of an organization responsible for management and support tasks, such as finance, HR, and general administration.
Lease Cost
The expense incurred for renting a property, equipment, or facility under a lease agreement.
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