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Kurt Lewin sees the first step in change as the unfreezing of the status quo.
Unit Costs
The cost incurred to produce, store, and sell one unit of a product, including raw material, labor, and overhead costs.
Cost-Minimizing
A strategy or approach aimed at reducing expenses to the lowest possible level while achieving the desired output.
Price of Capital
The cost of using capital for production, often measured by the interest rate on borrowed funds or the rate of return required on investment.
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