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_______ Is the Process of Studying How to Exploit a Business's

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_______ is the process of studying how to exploit a business's resources to achieve short-term and longterm marketplace success,deciding on a course of action to pursue,and flexibly updating it as learning occurs during implementation.


Definitions:

Ounce of Gold

A unit of measure for weighing gold, where one ounce is equal to approximately 28.35 grams.

Ounce of Chocolate

A unit of measure representing the weight of chocolate, commonly used in purchasing or consuming chocolate.

Price-quantity Schedules

Charts or tables that show the relationship between the prices of goods and services and the quantities supplied or demanded at those prices.

Demand

A schedule or curve that shows the various amounts of a product that consumers are willing and able to purchase at each of a series of possible prices during a specified period of time.

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