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__________ can lead to productivity improvements,greater workforce flexibility,reduced material and capital costs,a better motivated workforce,and improved product quality.
Qualitative Factors
Non-numeric or subjective factors that influence business decisions or activities.
Activity-Based Management
A management strategy focusing on identifying and analyzing activities that lead to cost improvement and business performance enhancement.
Customer Value
The perception of what a product or service is worth to a customer versus the possible alternatives.
Inputs
The resources used in the production process, including raw materials, labor, and capital.
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