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Why would you or why wouldn't you compare an organization like Ford Motor Company to the local car dealer "Johnson City Ford/Lincoln/Mercury" using vertical and horizontal analysis?
Technological Improvements
Advancements or enhancements in technology that lead to more efficient processes, better products, or improved ways of doing things.
Outward Shift
In economics, refers to the movement of a curve away from the origin in a graph, indicating an increase in quantity supplied or demanded due to various factors.
Production Possibility Frontier
A plot that displays the extreme production possibilities for two goods, based on an array of resources and additional factors.
Resources Efficiency
The optimal use of resources to achieve the desired outcome with minimal waste, maximizing the effectiveness of resource utilization.
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