OOEP and Malay Petroleum are using the cost minimization management approach.
Explanation:
Cost minimization is a technique used in pharmaco economics to evaluate care prices, whether the therapeutic efficacy of different therapies is demonstrably comparable. 
The investigator undertaking the research needs to appeal to the medical equivalence and should have done so before prices are that.
Costs management is a primary concept used by manufacturers to evaluate the lowest cost production ratio of labor and capital. 
In other words, what will be the most efficient way of providing goods and services although maintaining the optimal quality level.
 
        
             
        
        
        
Answer:
The price of the bond is $ 1,041.22  
Explanation:
In calculating the price of the bond i discounted the future cashflows consisting of coupon payment and par value at redemption using the discount factor 1/(1+r)^N where r is the semi-annual YTM and N is the relevant period of cash flow.
The remaining coupon payments imply 14 years as a year has passed since the bond was issued.
Find attached spreadsheet.
 
        
             
        
        
        
Answer:
c) Having money left over after meeting your expenses
Explanation:
Surplus refers to having an excess of something. A surplus is when a person or a country has more of an item than they require. 
From the choices provided, a surplus will be having money left over after meeting your expenses. This individual has more money than they need. The surplus amount is the remainder after meeting all the expenses. In business, excess money is saved or invested to generate more income. A country with surplus products exports to other countries.
 
        
             
        
        
        
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