Examlex
We have drawn the SAS and SP curves as straight lines for convenience.More realistically,rising output ________ the structural unemployment problem and the effect of this on wages causes those curves to ________ in slope.
Product Differentiation
The process of distinguishing a product or service from others in the market to make it more attractive to a particular target market.
Multiple Products
The strategic offering of a variety of products by a business to meet diverse customer needs, expand market reach, and reduce risk.
Tailored Sourcing
A procurement strategy that involves customizing the sourcing approach to fit specific product requirements, supplier capabilities, or market conditions.
Postponement
Postponement is a supply chain strategy that involves delaying the final assembly or customization of a product until the latest possible time to reduce inventory costs and respond to customer demand more precisely.
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