labour costs

labour costs(wages costs) Expenditure on wages paid to those operators who are both directly and indirectly concerned with the production of the product, service, or cost unit. See alsodirect labour cost; indirect costs.

• market–product strategy
• marking to market
• marking to model
• markka
• Markowitz model
• mark-up
• Maslow’s motivational hierarchy
• mass customization
• mass marketing
• mass media
• mass production
• mass service technology
• master
• master production schedule
• matched bargain
• matched sale–purchase agreement
• material adverse change
• material fact
• material requirements planning
• materials cost
• materials management
• maternity rights
• mate’s receipt
• matrix organization
• maturity date