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Learning patience and tolerance, realizing that managers abroad are in the minority among local people, and learning to communicate more with others and empathize with them implies that an executive has acquired considerable tolerance for ambiguity.
Customer Order Cycle
The total amount of time it takes from the moment a customer places an order until the product is delivered, including processing, production, and shipping.
Replenishment Cycle
The process and frequency with which inventory is reordered and restocked to maintain sufficient levels.
Order Arrival
The process or moment when a customer's order reaches the seller or when inventory is received by a company from suppliers.
Retail Sale
The selling of goods and services directly to the consumer for personal use, not for resale.
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