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Over the years,managers at Wilson's Retail have discovered that the sales staff in the retail areas have the best insights into what customers want and how they shop.Wilson's uses these insights to design its retail spaces and decide which products to stock.To make the sharing of information easier,Wilson's encourages an open communication network,where information flows freely between and among staff and managers.Which of the following communication networks does Wilson's use?
Capital Goods
Physical assets that an organization uses in the production process to manufacture products and services that consumers will later use.
Output Per Capita
A measure of a country's economic output that accounts for its number of people, essentially dividing the country's gross domestic product by its total population.
Underdeveloped Country
A nation with a lower living standard, undeveloped industrial base, and low Human Development Index (HDI) relative to other countries.
Adult Population
The adult population refers to the segment of a nation's population that is aged 18 years and over, considered legally capable of entering into contracts and being counted for employment and other demographic statistics.
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