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The approaches and activities of managers in short-run and long-run planning and control decisions that increase value for customers and lower costs of products and services are known as: a. value chain management b. enterprise resource planning c. cost management d. customer value management

User Hesham
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Answer:

C. Cost management

Step-by-step explanation:

Cost management is a process or method of reducing cost of operation or production expenses of the business so as to provide cheaper goods and/or services to consumers.

It helps a firm forecast future expenditures in other to achieve their budgeting goals.

User Itban Saeed
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