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_____ Is a Standard That Spells Out Measures and Security

question 71

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_____ is a standard that spells out measures and security procedures to safeguard a card issuer, a cardholder, and a merchant.


Definitions:

Supply-Chain Strategy

The planning and execution of all logistics and operations management processes to efficiently align production, distribution, and inventory.

Low-Cost

Referring to products, services, or strategies that require minimal financial outlay while aiming to maintain acceptable or competitive quality and performance.

Differentiation

A strategy aimed at producing unique and distinguishable products or services to gain a competitive edge in the market.

Integration

The process of combining or coordinating separate parts or elements to function together as a unified whole.

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