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What phenomenon, discussed by Harvey (2000) and Thrift (1996) , has developed as a result of heavy reliance on technology that allows for interactions and the flow of information to occur at a faster pace without constraints of distance?
Incremental Analysis
An examination of the additional benefits of an activity compared to the additional costs incurred by that same activity.
Lost Sales
Potential sales that were not realized due to stockouts, capacity issues, or other factors that prevented the completion of a sale.
Special Order
An order placed by a customer that requires a company to make a product with specifications that differ from their standard product line.
Incremental Analysis
The process of evaluating the financial consequences of choosing one option over another in decision-making.
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