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PPG Industries Has Developed Four Alternative Futures Based on Differing

question 63

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PPG Industries has developed four alternative futures based on differing assumptions about two key variables: the cost of energy and the extent of opportunity for growth in emerging markets. This is called demand monitoring.


Definitions:

Economically Viable

The ability of an entity, project, or product to generate profit or financial benefits exceeding its costs over a period.

Industrial Revolution

The period of major industrialization that took place during the late 1700s and early 1800s, changing economies, societies, and cultures through the introduction of machinery.

Improved Standards

Enhancements or upgrades to guidelines, practices, or benchmarks that elevate the quality and efficiency of processes, products, or systems.

Technology

Technology encompasses the collection of tools, machines, modifications, arrangements, and procedures used by humans to solve problems, perform tasks and achieve specific objectives.

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