Examlex
Sometimes the screening process unfairly excludes certain applicants. Give some examples.
Value-Based Pricing
A pricing strategy where the price of a product or service is determined primarily by the perceived value to the customer rather than the cost of production.
Useful Life
The expected period of time during which an asset is useful to the owner for the purpose for which it was acquired, often impacting depreciation calculations.
Preventive Maintenance
Scheduled maintenance activities aimed at preventing unexpected equipment failures and prolonging the life of the equipment.
Economic Value
The measure of the benefit provided by a good or service to an economic agent, often represented in terms of willingness to pay for it.
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