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One of the Most Common Reasons for Business Failures Is

question 132

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One of the most common reasons for business failures is poor marketing.


Definitions:

Mean Absolute Deviation

A statistical measure used to quantify the spread or variability in a data set, indicating the average absolute difference from the mean.

MAD

Mean Absolute Deviation, a measure used in statistics to quantify the average absolute dispersion or deviation from the mean or average.

Materials Management

The function responsible for planning, sourcing, moving, and storing materials required to produce goods and services.

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