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Explain How What-If Analysis Is Employed, Using Examples

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Explain how what-if analysis is employed, using examples.


Definitions:

Dressmaking Company

A business that specializes in creating clothing according to specific designs and measurements, often providing custom tailoring services.

Manufacturing Business

An enterprise engaged in the industrial production of goods from raw materials through the use of labor, machinery, and equipment.

Men's Clothing Store

A retail establishment specializing in clothing for men, offering a variety of apparel and accessories.

Retail Business

A commercial strategy where products are sold directly to end-users, usually in small amounts.

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