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Ms. Travis' motivating question about "buying a pound of electricity" is a way of implementing the _____________ phase of the learning cycle.
Seasonal Inventory
Inventory that is purchased or produced in anticipation of season-based demand increases, such as holiday merchandise.
Strategic Fit
The alignment between an organization's strategies, resources, and capabilities with its external environment to achieve long-term objectives.
Responsiveness
The ability of a company or system to quickly and effectively respond to changes, customer demands, or market conditions.
Efficiency
Relates to achieving maximum productivity with minimum wasted effort or expense, often critical in business processes and operations.
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