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Explain the importance of group leadership, and give one example each of a formal group leader and an informal group leader.
High-Capacity Facilities
Facilities that are designed to operate at large volumes, often benefiting from economies of scale.
Transportation Costs
Expenses associated with the process of moving goods or services from one location to another.
Free Trade Zones
Designated areas where goods can be imported, handled, manufactured, and re-exported under specific customs regulation but generally not subject to customs duty.
Developing Countries
Countries with a lower level of economic development, characterized by lower industrialization, lower income per capita, and often higher levels of poverty compared to developed countries.
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