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"Last October, due to an early frost, the price of a pumpkin increased by 10 percent compared to the price in the previous Halloween season. As a result, the quantity demanded county-wide decreased from 2 million to 1.5 million." Based on this statement, it is certain that the
Social Media
Platforms and websites that enable users to create and share content or participate in social networking.
Customer Orientation
A business approach that focuses on identifying and meeting the needs and expectations of customers.
Standard Products
Goods manufactured or procured to consistent specifications each time, which meet a predetermined quality level.
Continuous Improvement
An ongoing effort to improve products, services, or processes by making small, incremental improvements over time.
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