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Why Would Researchers Want to Use a Simulation Rather Than

question 11

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Why would researchers want to use a simulation rather than study the actual situation?


Definitions:

Distribution

The method of providing a product or service to consumers or business users who require it.

Hiring Freeze

A temporary halt in the recruitment of employees by an organization, usually due to financial constraints or organizational restructuring.

Production Costs

The total expense incurred in the manufacturing of a product or the delivery of a service, including raw materials, labor, and overhead costs.

Strategic Marketing Process

A systematic approach to researching, planning, executing, and evaluating marketing strategies to achieve business objectives.

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