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Managers who use political strategies to increase and maintain their power are better able to influence others to work toward the achievement of group and organizational goals.
Variable Overhead Costs
Expenses that change with the level of production or business activity, including costs like utilities and indirect materials.
Planning Budget
A budget prepared for a specific level of activity, outlining expected revenues, expenses, and resource requirements.
Employee Salaries
Regular payments made to employees for performing their job duties.
Service Company
A business that earns revenue by providing intangible products or services, as opposed to selling physical goods.
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