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_____ Is Often the Approach of Choice in Markets with Insufficient

question 83

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_____ is often the approach of choice in markets with insufficient or underdeveloped distribution systems.


Definitions:

Existence Stage

The initial phase in the life cycle of a business, where the main focus is to prove viability and establish a market presence.

Continuity

The aspect of business planning that focuses on creating systems and procedures to ensure ongoing operations during and after a disaster or disruption.

Judgment And Intuition

Refers to the cognitive process of forming an opinion or making a decision based on personal feelings and experiences, rather than only logical reasoning.

Technology

The application of scientific knowledge for practical purposes, especially in industry.

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