Examlex
Sam is 14 years old and likes to hide in his treehouse to watch his neighbor change her clothes at the end of the day. Which of the following would be TRUE for Sam?
Demand
The desire and willingness of consumers to purchase goods or services at a given price over a specific time period.
Capacity
Pertains to the highest amount of production a business can maintain for creating a product or delivering a service.
Supply Chain
A network between a company and its suppliers to produce and distribute a specific product to the final buyer, involving the flow of materials, information, and finances.
Efficiency
The degree to which an organization or process accomplishes its intended goals with a minimum of waste, expense, or unnecessary effort.
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