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_________________ Refers to Refers to an Organization's Ability to Get

question 21

Short Answer

_________________ refers to refers to an organization's ability to get information to the people who need it to make decisions or react appropriately to business events.


Definitions:

Elastic Demand

A situation in which the demand for a product or service significantly changes in response to a change in its price.

End-of-aisle Displays

Promotional merchandise displays located at the end of store aisles, designed to attract customer attention and increase product sales.

Discount Coupons

Promotional vouchers that reduce the price of goods or services, often used to attract customers or boost sales.

High Quality

The degree to which a product or service meets or exceeds customer expectations.

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