Identify and Explain Three Challenges That Firm's Face in the Future

question 126

Essay

Identify and explain three challenges that firm's face in the future regarding quality.

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Definitions:

Geographical Era

A period in history defined by significant geographic exploration, changes, or the prevailing geographical understanding of the time.

Raw Materials

Natural resources or substances used in the primary production or manufacturing of goods.

Post-Fordism

An economic and social system that emerged in the late 20th century, characterized by more flexible production methods, workforce strategies, and a shift from mass production to customized goods.

Diffusion Of Capitalism

Refers to the spread of capitalist structures and market-oriented economic systems across different countries and regions over time.