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Explain the forces that caused the savings and loan debacle in the latter half of the 1980s.
Centre-Of-Gravity Method
A logistical tool used to minimize transportation costs by determining the most cost-effective location for a facility based on the geographic location of suppliers, production facilities, and markets.
Maximum Travel Distance
The furthest distance that can be traveled or permitted for transportation or movement within a system.
Traditional Department Store
A large retail establishment that offers a wide range of consumer goods in different areas such as clothing, furniture, appliances, and toys, typically spread over multiple floors.
Revenue Focus
A strategic emphasis on activities and processes that directly contribute to generating income for an organization.
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