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Blank DVDs and prerecorded DVDs are substitutes in production. An increase in the price of a blank DVD will lead to
Flexibility
The quality of being adaptable to change or capable of modifying one's approach as per the situation's demands.
Full-Time Employees
Workers who are employed for the full number of hours defined as full time by their employer and receive full employment benefits.
Network Organizations
A type of organizational structure where companies or departments are connected and share resources through digital technology for improved efficiency and flexibility.
Support Functions
Activities and operations within an organization that provide essential services to core business practices, such as HR, IT, and finance.
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