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Describe the representation heuristic.
Strategic Fit
The degree to which an organization’s strategies align with its external environment and internal resources and capabilities, to achieve competitive advantage.
Implied Demand Uncertainty
The uncertainty faced by a company due to unpredictability in the demand for its products or services, affecting inventory and supply chain decisions.
Supply Chain Responsiveness
The ability of a supply chain to react quickly and effectively to changing market demands and conditions.
Intrafunctional Scope
The range of activities or responsibilities within a single function or department of an organization.
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