Let the first term of a geometric progression be \( a \) and the common ratio be \( r \).
The following terms of the GP are given:
\[ \frac{ar^{n-1}}{ar^{m-1}} = \frac{12}{\frac{3}{4}} = 16 \Rightarrow r^{n - m} = 16 \]
To minimize \( r + n - m \), we explore different values of \( r \) and \( n - m \) such that: \[ r^{n - m} = 16 \]
Try values:
\[ \boxed{-2} \]