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How do SMEs compare to MNCs?
Useful Life
The estimated duration over which an asset is expected to be functional and economically useful.
Value-Based Pricing
A pricing strategy that sets product or service prices based on the perceived value to the customer rather than on the cost of production.
Operating Cost
Expenses associated with running a business's core operations, typically including costs of goods sold, labor, and overhead.
Useful Life
The estimated period of time during which an asset is expected to be usable, contributing to a company's operations.
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