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Define and describe the direct and indirect costs of bankruptcy. Give three examples of each.
Incremental Projects
Projects that are undertaken to bring about small, incremental improvements or additions to existing products, services, or processes.
Order Receipt Time
The time that elapses from when an order is placed to when it is received.
Customer Response Time
The duration it takes for a company to address and resolve a customer's inquiry or complaint.
Completed Order
A customer request that has been fully processed, manufactured, or serviced and is ready for delivery.
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