Examlex
In the following pairs, which lists the first messenger followed by a second messenger?
Supply Management
The practice of managing the supply chain activities and relationships to achieve competitive advantage and optimize cost.
Life Cycle Costing
The total cost of ownership of a product or system over its entire lifespan.
Operating Costs
Expenses associated with the day-to-day functions of a business.
Target Costing
A pricing strategy where the selling price of a product is determined first based on market conditions, and then the product is designed in such a way that the cost of manufacturing the product does not exceed this target price.
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