Examlex
Explain the four phases of the transformation process.
High-end Professional
An individual who provides specialized and highly skilled services, often commanding high fees for their expertise.
No-name Brand
Products that are not branded with a well-known or recognizable brand name, often sold at lower prices.
Surplus
An excess of production or supply over demand, often resulting in a decrease in prices.
Metering Strategy
A pricing strategy used by firms to charge consumers for the actual use of a service or product.
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