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A Key Success Factor Is a Factor That Is Necessary

question 39

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A key success factor is a factor that is necessary for a firm to compete effectively in a(n) :


Definitions:

Global Convergence

The process by which ideas, goods, and services spread and integrate across different cultures and countries, leading to increased similarity.

Infrastructure Development

The construction and improvement of foundational services and facilities such as roads, bridges, water supply, and electricity networks that are necessary for economic development.

Raw Materials

The basic materials from which products are manufactured or made, typically extracted from the natural environment.

Factors Of Production

The component parts, skill sets, or information required to produce a product or service, usually classified as land, labor, or capital.

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