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Conducting drills and staging scenes that mimic terrorist attacks is an example of creating a ________ environment.
Flexible Automation
A manufacturing system designed to easily adapt to changes in the product being produced, allowing for customization and variability in production processes.
Stable Financial Structure
A financial state where an organization maintains a healthy balance between its liabilities and assets, ensuring long-term sustainability.
Niche Strategy
A focused marketing approach targeting a specific, well-defined segment of the market, often with specialized products or services.
Product Differentiation
The method of making a product or service stand out from the competition in order to appeal more to a specific target group.
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