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As Marketing Managers Do More Promotion and Selling Over the Internet

question 219

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As marketing managers do more promotion and selling over the Internet, it is critical that information technology systems be robust from a security standpoint.


Definitions:

Fixed Manufacturing Overhead

Costs in the manufacturing process that do not change with production volume, such as rent for the factory, salaries of permanent staff, and insurance.

Direct Labor-hours

The total hours worked directly on goods or services by employees, used to allocate labor costs to products or jobs.

Unit Product Cost

The total cost (both fixed and variable) associated with producing one unit of a product.

Direct Labor-hours

Total work hours contributed by staff directly associated with the production of a product or the offering of a service.

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