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Product Line Pricing Is the Practice of Marketing Merchandise at Variable

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Product line pricing is the practice of marketing merchandise at variable prices negotiated between buyer and seller.

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Definitions:

Microcredit Lending

A type of financing that provides small loan amounts to entrepreneurs or individuals in low-income regions to promote economic development and reduce poverty.

Social Business

A type of business model that aims to solve social problems through innovative solutions while being financially self-sustainable.

Business Model Innovation

Refers to the process of making substantial and valuable changes to a company's core operations, strategies, and value propositions to improve performance and create competitive advantage.

Environmental Uncertainty

The degree to which an organization lacks information about its external environment, which makes decision-making difficult.

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