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Effort yields success relates to which step in P.O.W.E.R. Learning?
Value-added Activity
An operation or process that increases the worth of a product or service, directly contributing to meeting customer requirements.
Essential Value
The inherent or fundamental worth of an asset, product, or service, often considered irrespective of market value or price.
Life Cycle Budgeting
Involves the estimation of costs associated with a product or project from its inception to disposal, considering all stages of its life.
Throughput Accounting
An accounting method that focuses on the rate at which a company generates money through sales, emphasizing the bottlenecks in the production process.
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