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When Information Is Analyzed and Processed,it Becomes Data

question 35

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When information is analyzed and processed,it becomes data.


Definitions:

Vertical Contracts

Agreements between companies at different levels in the supply chain, such as manufacturers and retailers, to specify conditions like pricing or product placement.

Costly Activities

Tasks or operations that require a significant amount of resources, including time, money, or energy.

New Product

A good, service, or concept that is recently developed, introduced to the market, or significantly improved.

Price Regulation

is the governmental or regulatory imposition of price controls, setting maximum or minimum prices for goods and services to protect consumer interests.

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