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Assume that you have decided to use a niche strategy to advance your marketing goals. Characterize an attractive niche.
Transportation Costs
Expenses associated with the movement of goods or people from one location to another, often impacting the final price of products and services.
Just-In-Time Manufacturing
A production method where materials and products are made or delivered only as needed, reducing inventory costs and increasing efficiency.
Just-In-Time
An inventory strategy companies use to increase efficiency and decrease waste by receiving goods only as they are needed in the production process.
Procurement Process
The series of activities undertaken by an organization to acquire goods or services.
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