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Explain Variable costs.
Variable costs conversely, tend to vary directly along with the volume of output. Illustrations of variable cost are: -
* Direct production labour cost
* Direct Materials cost
* Direct Expenses.
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Explain why operational efficiency is so important to Net Income, Return on Capital and Income.
When a union negotiates, with management, on behalf of its members to define and interpret employment contracts, it is known as: Answer (1) mediation. (2) Collective bargaining. (3
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objectives
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Either through research or through imagination, describe future trends in advertising?
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