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_____ Refers to Minimising the Resources an Organisation Must Spend

question 13

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_____ refers to minimising the resources an organisation must spend to achieve a specific level of desired exchanges.


Definitions:

Price Objection

A hesitation or refusal by a potential buyer based on the cost of a product or service.

Service Warranty

A service warranty is a guarantee provided by a seller that a service will meet certain quality and performance standards or else will be redone at no additional cost.

Heating System

A mechanism or structure designed to provide heat to a building or space, typically involving appliances like furnaces or boilers.

Timer

A device or application used for measuring time intervals, often used to monitor or limit the duration of activities.

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