Examlex
Supervisors should have access to information from their company's management information system.
Environmental Forces
External factors such as social, economic, technological, competitive, and regulatory conditions that influence an organization's operations and outcomes.
Readily Understood
Readily understood indicates something that is easy to comprehend or grasp without requiring excessive explanation or effort.
Technological Change
The advancement and innovation in technology, impacting how products are made and services are delivered.
Product Life Cycles
Refers to the multiple iterations a product goes through from its initial launch to its eventual phase-out from the market.
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