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To quote from the Tregoe and Spitzer article, Management fads come and go, initiatives change, market and economic pressures rise and fall, but cost management

To quote from the Tregoe and Spitzer article, "Management fads come and go, initiatives change, market and economic pressures rise and fall, but cost management must be a way of life". Of the suggestions offered by the author(s), which concepts give you the greatest insight into managing organizational costs in the organization where you work (or one in which you are familiar)? Where can they be applied within that organization?

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