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What System Was Started in the 1950s and Has Allowed

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What system was started in the 1950s and has allowed for flexibility, speed, and low-cost delivery of manufactured products across North America?


Definitions:

Current Cash Flow

The amount of money moving in and out of a business in the present, often used to assess financial health.

Growth Opportunities

Growth opportunities refer to the prospects or avenues through which a business can expand its operations, revenues, or market share, including new product lines, markets, or technologies.

Profit Projections

Forecasts of a company's net income over a specific future period.

Tax-Deductible Expense

An expense that can be subtracted from taxable income, effectively reducing the overall tax liability.

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