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Outsourcing in noncore functions of modular companies offers the advantage of decreased overall costs, but the company will be unable to focus on scarce resources in the areas where it holds competitive advantage.
Product Units
The quantity of products or goods manufactured, available for sale, or sold, expressed in numerical units.
Distance Learning Technology
Technology-based methods and platforms that enable instruction and education to occur when the teacher and student are not in the same physical location.
New Buy
Refers to a purchasing situation where a buyer acquires a product or service for the first time, involving more research and decision-making effort.
Buying Center Culture
The set of behaviors, beliefs, and values that influence how a company's purchasing decisions are made.
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