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Give an Example of an Industry That Has Recently Undergone

question 38

Essay

Give an example of an industry that has recently undergone a technological paradigm shift. What impact did the shift have on established companies and on new entrants to the industry?


Definitions:

Parts Division

A segment within a company or manufacturer specializing in the production or distribution of spare and replacement parts for products.

Machine Division

A specialized segment within a manufacturing operation focused on the use of machines for production purposes.

Logistics Department

The division within a company responsible for the management of the movement of goods and services from suppliers to customers.

Operating Divisions

Distinct segments within a company, each responsible for certain operations or business units.

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