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Bling, Inc

question 44

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Bling, Inc.produces jewelry that it sells to retail jewelry stores.One of Bling's customers is Ice Jewels, a chain of jewelry stores with locations in dozens of malls across the United States.Both Bling, Inc.and Ice Jewels want to make a profit off the merchandise manufactured by Bling, Inc.This scenario is best described as


Definitions:

Systems Thinking

A holistic approach to analysis that focuses on the way that a system's constituent parts interrelate and how systems work over time and within the context of larger systems.

Interdependencies

Mutual reliance between entities, where the actions or outcomes of one entity depend on those of another.

Organizational Processes

Entails the methods, procedures, and routines used within an organization to produce and deliver its products or services.

External Acquisition

External acquisition refers to the process by which a company or organization purchases or acquires another company, assets, or significant shares from outside its current operations to expand its business.

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