Core Technology Is a Department Work Process That Is Important

question 39

True/False

Core technology is a department work process that is important to an organization but is not directly related to its primary mission.

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Definitions:

Cost Of Machines

The expenses involved in acquiring machinery for business operations, including purchase price, installation, maintenance, and operation costs.

Fixed Cost

Expenses that do not change with changes in the volume of production or sales, such as rent, salaries, and insurance.

Variable Cost

A variable cost changes in direct proportion to the level of production or activity in a business, such as materials and labor.

Marginal Cost

The additional expense incurred from generating one more unit of a product or service.