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Rugman and D'Cruz Have Developed an Alternative Framework to Porter's

question 59

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Rugman and D'Cruz have developed an alternative framework to Porter's five forces model.The framework,based on business networks,is called:


Definitions:

Probability Of Default

The likelihood that a borrower will be unable to meet its debt obligations.

EOQ

Economic Order Quantity, a formula used to determine the ideal quantity of inventory to minimize total costs related to ordering, receiving, and holding inventory.

Carrying Cost

The total cost of holding inventory, including storage, insurance, taxes, depreciation, and obsolescence, which affects a company's overall profitability.

One-Shot Approach

A method or strategy applied only once, typically without the intention of repetition or long-term implementation.

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