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As Eric waited for class to start, he considered starting a conversation with one of his classmates. However, Eric decided they all looked like "frat boys," and he figured they would have nothing in common, so he sat silently and waited for class to start. Eric's behavior can be best described as:
Value Analysis
A systematic approach to assess the function of goods or services with the goal of reducing cost while maintaining or improving quality and performance.
Purchase Item
Refers to any good or service that is acquired by an individual or organization through buying.
Function
The specific purpose or role that an entity or a process serves within a larger system or organization.
Cost
The amount of money required to purchase something or the expense associated with creating or maintaining a service or product.
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