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Vertical Linkages Are of Great Importance When Close Coordination Is

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Vertical linkages are of great importance when close coordination is needed across different segments of an organization.


Definitions:

Price Elastic

A measure of how much the demand for a product or service changes in response to a change in its price.

Sales Volume

The number of units of a product or service sold by a company in a specified period.

Local Dealerships

Businesses authorized to sell and service vehicles from specific manufacturers within a designated geographic area.

Cheapest Product

The item or service offered at the lowest price among a range of products.

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