Instructions: Identify the Terms and Briefly State Their Historical Significance

question 124

Short Answer

Instructions: Identify the terms and briefly state their historical significance.
Niger River

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Definitions:

Key Success Factors

Critical elements or activities required for an organization to achieve its business objectives and be successful in its industry.

Local Responsiveness

The ability of an organization to understand local conditions and adapt its products and practices to meet the needs of a specific market.

Low Cost Reductions

Low cost reductions refer to strategies or measures implemented to decrease the expenses involved in operating a business, production, or delivering services without compromising quality.

Operations Strategies

Plans and policies developed to achieve efficient manufacturing, service delivery, and overall operational performance.