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In product-based tailored sourcing, low-volume products with uncertain demand are obtained from a flexible source, while high-volume products with less demand uncertainty are obtained from an efficient source.
Part-Time Work
Employment with fewer hours per week than a full-time job, often allowing for flexibility and possibly benefits, depending on the employer.
Company Social Events
Organized gatherings sponsored by a business or organization for its employees, aimed at fostering team spirit, morale, and camaraderie.
Social Security System
A government program that provides monetary assistance to people with an inadequate or no income.
Retirement Age
The specific age at which a person becomes eligible to withdraw from active working life and can start receiving pension benefits.
Q2: What issues need to be considered when
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