Examlex
In a strategic partnership,compared with a relational partnership,less direct communication ties are present between the buying organization and the selling organization.
Unique Product
A product that is distinctive and has no exact substitutes in the market, often giving its producer a competitive advantage.
Unit Price
The cost per unit of a product or service, which allows consumers to compare prices and value among different items.
Average Revenue
The revenue earned per unit of output sold, calculated by dividing total revenue by the number of units sold.
Market Structures
The organizational and other characteristics of a market, including the level of competition, product differentiation, and the ease of entry and exit, which determine the nature of pricing and output decisions.
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