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When the Customers of Granite Rock Expressed Their Desire for 24-Hour

question 11

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When the customers of Granite Rock expressed their desire for 24-hour availability of ground rock products from the quarry,the company responded by creating an ATM-like system and the Granite Xpress Card that allows customers to enter the quarry and select and receive ground rock products at any time of the day or night.Granite Rock addressed customer requests with a(n) :


Definitions:

Promoter

An individual or organization that helps to plan, finance, and organize the founding or operations of a company or event.

Contract Adoption

The act of agreeing to and accepting the terms of a contract, thereby making it legally binding.

Novation

The act of replacing an existing contract with a new one, whereby a new party takes over the rights and duties of the original agreement.

Joint Venture

A business arrangement in which two or more parties agree to combine their resources for accomplishing a specific task or project.

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