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The smuggling of contraband by prison staff is an automatic terminal offense.
Operative Costs
Expenses associated with the day-to-day operations of a business, including salaries, rent, and utilities.
Franchise
A type of license that a party (franchisee) acquires to allow them to have access to a business's (franchisor) proprietary knowledge, processes, and trademarks to sell a product or provide a service under the business's name.
Cost Price Approach
A pricing method that determines the selling price of a product by adding a profit margin to the total cost of production.
Transfer Pricing
The pricing of goods, services, and intangibles transferred within divisions of a company or across affiliated entities to reflect market conditions.
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