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You Are Expected to Display Professional Behavior at Work in the Following

question 3

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You are expected to display professional behavior at work in the following areas:


Definitions:

Competitors

Other businesses or entities that offer similar products or services within the same market, vying for the same customer base.

Firm Locating

The process businesses use to choose a site for their operations that optimizes logistical, cost, and operational efficiency.

Factor-Rating Method

A technique used in operations management and decision making that evaluates and compares various factors by assigning them scores.

Tangible Costs

Readily identifiable costs that can be measured with some precision.

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