Examlex
Technical details about components on a computer are called architecture .
Demand-Influencing
Strategies or actions undertaken to affect the level of demand for a product or service, often aiming to increase it.
Excess Capacity
The situation in which a firm's production capabilities exceed the demand for its products or services.
Service Firms
Companies that primarily offer intangible products, such as expertise, assistance, or information, rather than physical goods.
Pure Chase Strategy
A demand matching or production strategy where output is adjusted to match demand precisely, reducing inventory levels to a minimum.
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