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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

Respuesta :

Answer:

C. Cost management

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.

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