Examlex
There is no link between poverty and access to adequate water supplies.
Value-Based Pricing
Pricing strategy where the selling price is determined by estimating the product's or service's value to the customer rather than its cost of production or market competition.
Preventive Maintenance
Routine maintenance and inspections carried out to prevent potential problems or failures before they occur.
Useful Life
The estimated period of time over which an asset is expected to be usable by the entity, after which it may no longer be economically beneficial to keep.
Economic Value
The measure of the benefit obtained from a good or service, often compared to potential alternatives.
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