Examlex
Hiring and promoting employees on the basis of the specific local context in which the subsidiary operates refers to:
Machine-Hours
A measure of production activity that quantifies the number of hours machines are operated in the manufacturing process.
Mark Up
The percentage added to the cost price of goods to cover overhead and profit.
Direct Labor-Hours
This refers to the total number of hours worked by employees who are directly involved in the production of goods or services.
Machine-Hours
A measure of production activity that quantifies the total hours machines are operated in the manufacturing process.
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