Examlex
The cost of napkins put on each person's tray at a fast food restaurant is a fixed cost.
Profits
Net income that remains after all operating expenses, interest, taxes, and dividends have been deducted from total revenue.
Critical Thinking
The ability to objectively analyze and evaluate an issue or situation to form a judgement, by questioning assumptions and identifying biases.
Social Responsibility
Social Responsibility involves businesses and individuals acting in ways that benefit society at large, beyond their own interests or profits.
Business
The organized efforts and activities of individuals to produce and sell goods and services for profit.
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