Using Context Clues, Choose the Best Meaning for the Words

question 70

Multiple Choice

Using context clues, choose the best meaning for the words in italics.
-We have heard hackneyed phrase over and over again.

• A) originally made
• B) unusual
• C) never used before
• D) used too much

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Definitions:

Centralization

The concentration of decision-making authority at the top levels of an organization, often leading to more consistent and efficient policy implementation.

Product Variety

The range of different items or products a company offers to meet diverse customer needs or preferences.

Demand Uncertainty

This refers to the unpredictability or variation in the demand for products or services in the market.

Safety Inventory

Extra stock kept on hand to prevent stockouts due to variable demand and lead times.