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The principle of minimum differentiation describes a tendency of competitors to
Activity-Based Costing
A costing method that assigns overhead and indirect costs to specific products or projects based on their use of resources, aiming for more accurate product costing.
Tech Support
A service provided to help customers resolve technical problems with products or services.
Time-Driven
A strategy or method that bases decisions, costs, or efficiency measurements on the amount of time taken to perform activities.
Activity-Based Costing
A pricing strategy that recognizes various tasks within a company and allocates the expenses of each task to all goods and services based on their real usage.
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