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Factor demand is said to be derived demand because it:
Functional Departments
Divisions within an organization structured around specific tasks or functions, such as marketing, finance, or operations.
Divisional Structures
An organizational structure where operations are divided into smaller, semi-autonomous units or divisions based on product, service, market, or geography.
Healthy Rivalries
Competitive relationships that encourage improvement and excellence without leading to negative outcomes.
Available Resources
The assets, both tangible and intangible, that are at an organization’s disposal for use in achieving its objectives.
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