TCO is an analytical tool,but not a philosophy.

Name: TCO is an analytical tool,but not a philosophy.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

TCO, or Total Cost of Ownership, is both an analytical tool used to assess the total cost of purchasing and operating a product or system over its entire lifespan, and a philosophy that emphasizes looking beyond the initial purchase price to understand all costs associated with an asset. This broader perspective helps in making more informed decisions that consider long-term financial implications.

TCO Is an Analytical Tool,but Not a Philosophy