Examlex
One key disadvantage of an application service provider is that a "pay as you go" structure is often more expensive than what a company would pay if it had purchased the software outright.
Offshoring
The business practice of sending jobs to other countries.
Labor Costs
The total expenditures incurred by an employer for the compensation of its workforce, including wages, benefits, and other related expenses.
Productivity
The measure of efficiency in which products, goods, or services are created or delivered compared to the input needed to produce them.
Just-In-Time Operations
An approach to manufacturing and inventory management where materials and products are produced or delivered only as needed, minimizing waste and reducing costs.
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