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Average Physical Product Is Calculated by Dividing Total Product by the

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Average physical product is calculated by dividing total product by the


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Software Solutions

Customized or off-the-shelf computer programs designed to meet specific user needs or solve particular problems.

Centralized System

A system where control, decision-making, or important functions are concentrated in a single center or location.

Operational Decisions

Decisions made at the operational level of an organization, focusing on the day-to-day operations and management.

Top Management

The highest level of managerial and executive leadership within an organization, responsible for strategic planning and decision-making.

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