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A(n)____________________ represents the department during negotiation of union contracts,sales,purchases,budgets; represent departmental interests.
Business Model
A plan or framework that outlines how a company creates, delivers, and captures value, essentially describing how it operates and makes money.
Value
The ratio of perceived benefits to price; or Value = (Perceived benefits ÷ Price).
Mission Statement
A short statement of an organization's purpose, defining its goals, ethical values, and primary objectives for its target audience.
Objective Goal
A specific, measurable, attainable, relevant, and time-bound target that an individual or organization aims to achieve.
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