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.
Marginal cost <span>is the incremental cost of wear and tear on an asset.</span>
Consolidation is the logistics process of removing cargo off an incoming truck or railway and loading it immediately onto an outgoing truck or railcar with little or no storage in between.
<h3>How would you define consolidation?</h3>
- The consolidation process or act; the state of consolidation. The act of merging; especially, the joining of two or more corporations through the dissolution of the former and the formation of the latter into a single new entity.
- The Latin word consolidation, which meaning "to merge into one body," is where the word consolidate derives from. In any situation, consolidating entails combining a number of smaller objects into a single, larger group. For instance, a traveler might combine all of their belongings into one sizable bag.
- Debt consolidation is the process of combining all of your debts into a single loan or monthly payment, including credit card bills and other loans. Consolidating your debts could simplify or reduce your monthly payments if you have a number of loans or credit card accounts.
To learn more about consolidation refer to:
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Answer:
The answer to this question is B.a restriction in the availability of credit.
Explanation:
Credit restriction occurs when at the prevailing market interest rate, demand exceeds supply, but lenders are not willing to either loan more funds, or raise the interest rate charged, as they are already maximizing profits.
Hence the answer to this question is B.a restriction in the availability of credit.
Answer: Candy for health conscious and love natural products
Explanation:
Endangered Species Dark Chocolate Bites is a kind of candy which has high content of cocoa and low content of sugar. It helps lower risk of heart diseases and stroke but also should be taking in moderation as excess of it won't be helpful
