An estimate of the cost of an item that includes all the costs related to the procurement and use of an item, including any related costs in disposing of the item after it is no longer useful, is called what?
What will be an ideal response?
total cost of ownership
Business
You might also like to view...
Explain the role of accountants in systems selection
Business
The theory of corporate citizenship contends that corporations owe a duty to promote the same social goals as individual members of society
Indicate whether the statement is true or false
Business
List the two main schools of ethical thought and their main focus
Business
Lucas, a dairy farmer in Minnesota, and Northland Dairy Products, Inc, enter into a contract for the sale of a certain quantity of fresh milk. Although not expressly stated, a concept that is read into this contract is the concept of
a. good faith. b. impracticability. c. square dealing. d. unconscionability.
Business