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What Are Remittances

question 91

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What are remittances?


Definitions:

Funds Flow

The movement of money into and out of a company, showing how financial resources are allocated.

Cyclical

Describing fluctuations in economic activity, markets, or prices that occur in regular or predictable cycles, often related to changes in business or economic conditions.

Network

A connected system of individuals, devices, or organizations designed to distribute information or resources efficiently.

Responsive Supply Chain

A supply chain designed to swiftly adapt to market changes, customer demands, or supply variations, enhancing competitiveness and customer satisfaction.

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