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Which of the components of the PDCA model and Donabedian's framework is the most crucial?
Buyer
An individual or entity that acquires goods or services in exchange for money or other forms of payment.
Before-Tax Profit
The earnings of a company before taxes have been deducted, representing its profitability.
Fixed Costs
Expenses that do not change with varying levels of production or sales, such as rent or salaries.
Recession
A significant decline in economic activity across the economy, lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.
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