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Law is not just a static,external force acting upon managers and their firms; rather law and organizations are "endogenously coevolutionary."
Standard Production Time
The amount of time that should reasonably be expected to manufacture a product under normal conditions.
Fringe Benefits
Additional benefits supplementing an employee's salary, such as health insurance, paid vacation, or a company car.
Freight Costs
Expenses incurred by a company to transport goods from one place to another.
Purchase Price
The amount of money paid to acquire a good, service, or asset.
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