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What is Turtle Island?
Competing Products
Goods or services offered by different businesses that seek to satisfy the same customer needs or market demands.
Internal Standard
A benchmark or criterion established within an organization to ensure consistency and quality in its operations or production.
Life-Cycle Costs
The total cost of owning, operating, maintaining, and disposing of a product or system over its life span.
Transactional Costs
Expenses incurred during trading, beyond the price of the goods, including search and information costs, bargaining costs, and enforcement costs.
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