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Two Common Classifications of Operations Technology That Have Received Considerable

question 117

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Two common classifications of operations technology that have received considerable attention are __________ classification and __________ classification.


Definitions:

Layoff

A reduction in the workforce by a company, often to cut costs.

Commission

A fee paid to an employee or agent for facilitating a sale or transaction, usually calculated as a percentage of the sale price.

Transaction

An instance of buying or selling, or the exchange of goods, services, or funds.

Range

The difference between the highest and lowest values in a set of numbers.

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