Examlex
Write out the first five terms of the sequence.
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Activity-Based Management
A management approach focusing on managing activities as a way to improve the quality and reduce the costs of goods produced or services provided.
Cost Reduction
The process of cutting expenses to improve profitability without compromising the quality or availability of goods and services.
Customer Value
The perception of what a product or service is worth to a customer versus the possible alternatives, often influencing their loyalty and purchasing behavior.
Average Cycle Time
The average duration it takes to complete a process from start to finish, often used in manufacturing and project management.
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