Identify the Following Terms

question 51

Short Answer

Identify the following terms.
-"self-strengthening"

---

Definitions:

Revenue Source

The origin or mechanism through which a business or organization generates income.

Profit Maximization

The process of increasing the difference between total revenue and total costs to achieve the highest possible profit levels.

Global Production

The manufacturing and assembly of goods and services spread across countries to take advantage of location-specific advantages.

Distribution Network

A system of warehouses, transportation services, and distribution centers that helps move products from manufacturers to end consumers.