Examlex
How does industry-level bargaining help enhance introduction of technological change? How does the British practice in this regard make it difficult to incorporate technological change?
Sales Commissions
Fees paid to salespeople or brokers for facilitating or closing sales, usually calculated as a percentage of the sales value.
Direct Labor
The wages or costs associated with employees who directly contribute to the manufacture of a product or delivery of a service.
Direct Materials
Materials directly linked to the production of a product, representing a major part of the manufacturing cost.
Manufacturing Overhead
The indirect factory-related costs incurred when producing a product, which may include costs related to utilities, depreciation, and salaries for factory management.
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