List and Briefly Characterise Four Types of Relationships a Person

question 43

Essay

List and briefly characterise four types of relationships a person might have with a product.Be specific.

---

Definitions:

Ordinary Maintenance

Routine or regular maintenance work performed to keep equipment, buildings, or machinery in operational condition.

Asset Improvements

Expenditures made to enhance the value, usefulness, or productivity of an asset over its original state.

Extraordinary Repairs

Significant expenditures that extend the useful life of an asset, improve its efficiency, or restore its capacity, distinguished from routine maintenance.

Grading

The process of assessing or classifying the quality, size, or performance of different items or individuals.