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Explain the control process.
Third Parties
External entities or individuals that are not directly involved in a transaction or contract between two principal parties but may play a role in the arrangement, such as suppliers, intermediaries, or partners.
Total Landed Cost
The total cost of a product that includes the costs of purchasing, freight, insurance, and other costs up to the port of destination.
Lifecycle Costs
The total cost of owning or operating a product, system, or facility over its entire life, including acquisition, operating, and disposal costs.
Purchase/Acquisition Cost
The total expense incurred in obtaining a good or service, including the purchase price and associated costs.
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