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Focus groups consist of dividing large groups (classes of college students,church groups,and so on)into several smaller groups.This allows each subgroup to focus on a separate issue such as price of the product,packaging of the product,usefulness of the product,and so on.Combining all the subgroup reports together affords clients greater "focus" on their products and services.
Grade Point Value
A numerical value assigned to a grade that measures academic performance, often on a scale like 4.0 for an "A."
Graduated Commission
A commission structure where the rate of commission increases with the level of sales or transactions completed.
Average Rate
The mean value of rates over a specified period or under certain conditions.
Mortgage Rate
The interest rate charged on a mortgage, typically expressed as an annual percentage.
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