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In Manufacturing, Functional Strategy Usually Centers on Improving Efficiency and Quality

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In manufacturing, functional strategy usually centers on improving efficiency and quality.


Definitions:

Transactions Per Customer

A metric that measures the average number of purchases made by a customer over a given period of time.

Community Shopping Center

A type of retail complex that offers a broad range of goods and services, designed to serve the needs of the local community.

Suburban Mall

A large retail complex located in a suburban area, typically anchored by major department stores and featuring a wide range of smaller retailers and food outlets.

Downtown Area

The central business district of a city, often characterized by a high concentration of retail stores, office buildings, and cultural amenities.

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