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When the first dishwasher was introduced, it was a completely new product. This was an example of which of the following?
Supply Decisions
Decisions relating to the procurement, management, and distribution of supplies or materials.
Downside Risks
The potential negative outcomes or losses that may occur as a result of an investment or decision.
Supply Chain Management
The oversight of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to consumer, aiming to reduce costs and improve efficiency.
Purchasing
The act of acquiring goods or services, often for business purposes, to fulfill the needs of an organization or individual.
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