Examlex
All of the following are part of the engineering approach to safety management EXCEPT
Unbundling
The practice of separating a product or service into individual components that can be sold separately, often to provide more flexibility or value to the customer.
Escalator Clauses
Provisions in a contract that allow for an increase in the price or wages under certain conditions, often linked to the cost of living or inflation.
Reference Price
The price that consumers consider reasonable or fair for a product or service, often based on past experiences or comparisons with similar products.
Reasonable Price
A price that is fair and acceptable to consumers, often considered in relation to the value of the product or service.
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