Information Must Be Real-Time, Not Just Current

question 14

True/False

Information must be real-time, not just current.

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Definitions:

Expansion Options

Strategic choices available to a business to increase its size, offerings, or operational capacity.

Minimizes Cost

The process or approach aimed at reducing expenses and spending to the lowest possible level.

Central Hub

Central hub refers to a focal point or a core center where activities, processes, or networks converge, often used to optimize distribution or communication.

Travel Time

The duration required to move goods or personnel from one location to another.