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Identify and briefly explain the THREE different approaches to SIHRM.
Ethanol
A volatile, flammable, colorless liquid commonly used as a fuel additive and in alcoholic beverages.
Price of Land
The cost associated with purchasing a parcel of land, reflecting its value, location, and usability.
Efficient Distribution
The optimal allocation of goods and services to maximize consumer satisfaction and economic efficiency.
Final Products
Goods and services that are consumed by the end-user and do not require further processing.
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