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Organizations can increase the flexibility in their hierarchy by
Value Chain
Value Chain is a model that outlines the full range of activities required to create a product or service, from initial conception through to the final sale.
Inventory Accounts
Inventory accounts are accounting records that track the quantity and value of products a company holds for sale.
Raw Materials
Basic materials or substances used in the production or manufacturing process to create finished goods.
Finished Goods
Merchandise that has concluded its fabrication phase and is set for market sale to end-users.
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