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One of the Most Significant Economic Developments in Recent Business

question 21

Multiple Choice

One of the most significant economic developments in recent business history relates to the ________.


Definitions:

Responsiveness

The ability of a company or system to quickly react to changes in demand, technology, or market conditions.

Network Design Decision

Involves determining the most efficient arrangement of infrastructure, resources, and processes to effectively deliver goods or services to customers.

Customer Needs

The requirements or desires of consumers that drive the demand for products or services offered by businesses.

Fluctuations

Variations or changes in level, intensity, or value over time, typically referring to economic indicators, market prices, or environmental conditions.

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