Examlex
In what specific areas does the layout decision establish a firm's competitive priorities?
Gilded Age
refers to a period in late 19th century America characterized by rapid industrialization, economic growth, and ostentatious displays of wealth, alongside stark social inequalities.
Industrialization
The process of social and economic change that transforms a society from agrarian to an industrial one, marked by the development of large-scale manufacturing, urbanization, and technological innovation.
Political Isolation
A state where an individual, group, or country is set apart or detached from larger political activities, organizations, or alliances.
Decentralization
The distribution of administrative powers or functions from a central authority to local units or organizations.
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