Examlex
Strategic goals are
derived directly from the mission statement.
derived directly from tactical plans.
derived directly from operational plans.
the product of input from all customers.
the product of input from all employees.
Elastic
A term used in economics to describe a situation where the quantity demanded or supplied of a good is sensitive to changes in its price.
Price Elasticity
An indicator showing the demand for a good's responsiveness to its price alterations.
Consumer Purchases
Transactions in which individuals buy goods or services for personal use or consumption.
Elastic Demand
A market condition where the quantity demanded of a good or service significantly changes in response to changes in its price.
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