The Necessary Cost of an Activity That Cannot Be Eliminated

question 70

Short Answer

The necessary cost of an activity that cannot be eliminated without affecting a product's value to the customer

---

Definitions:

Outgroup Homogeneity

The perception that members of an out-group are more similar to each other than they actually are, especially when compared to the perceived diversity within an in-group.

Gender

Variations in traits that distinguish between male and female qualities.

Unpredictable

Not able to be predicted or foreseen, indicating randomness or lack of a discernible pattern in behavior or events.

Logical

Pertaining to the use of reason or logic.