What Does the Term Adjacent Market Mean

question 62

Short Answer

What does the term adjacent market mean?

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Definitions:

Order Transmission

The process through which an order's details are sent from one party to another, typically involving electronic methods to ensure speed and accuracy.

Order Receipt

The initial step in the order management process where a company formally acknowledges the receipt of a customer's order.

Physical Distribution

The activities involved in moving products from the manufacturing plants to the final customers, including warehousing and transportation.