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When economic conditions are weak, the aggregate demand for products and services
Central Point of Accountability
A single, designated position or person within an organization responsible for ensuring tasks or projects are completed as required.
Market Area
The geographic region or demographic group served by a business or organization.
Divisional Structure
An organizational layout where operations are divided into separate divisions based on product, service, market, or geographic region, each with its own set of functions.
Same Product
Identical items or services offered under different names or by different companies, often with no significant difference in function or quality.
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