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Supply Chain
The entire network of entities, directly or indirectly interlinked and interdependent, involved in producing and delivering a product or service from suppliers to the end consumer.
Major Components
The primary elements or parts that make up a product or system, critical for its operation or functionality.
Overall Goal
The primary, overarching aim or objective that an organization or individual strives to achieve, guiding decision-making and strategy formulation.
Global Complementation Strategy
An approach in international business where a company strategically places different parts of its production in different countries to maximize efficiency and minimize costs.
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