Preventative Maintenance Makes System Changes to Reduce the Chance of Future

question 15

True/False

Preventative maintenance makes system changes to reduce the chance of future system failure.

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Definitions:

Competitive Advantage

The attribute that allows an organization to outperform its competitors, leading to greater sales or margins and/or retaining more customers.

Keeping Customers

involves strategies and practices to retain customers, enhancing customer loyalty and preventing turnover.

Innovations

The process of translating an idea or invention into goods or services that create value or for which customers will pay.

Service and Products

The combination of tangible goods and intangible services that a company offers to its customers.