Examlex
Match the word or phrase with its meaning.
-Norms
Supply Chain Uncertainty
The unpredictability in the supply chain processes that can lead to risks and challenges in meeting demand.
Product Life Cycle
Refers to the sequence of stages a product goes through from introduction to growth, maturity, and decline.
Competitive Pressure
The force or influence that competitors exert on each other in a marketplace, driving innovation, quality improvements, and often leading to lower prices for consumers.
Product Availability
The extent to which goods or services can be purchased at any given time from a supplier.
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