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According to the spatial framework model described by Franklin and Tversky,
Penetration Pricing Strategy
A marketing strategy that involves setting a low price for a new product during its initial phase to attract customers and gain market share.
Dumping
The practice of exporting goods at a price lower than the home market price, often considered unfair trade and a subject of international dispute.
Predatory Pricing
A strategy where a company sets very low prices for its products with the intention of driving competitors out of the market.
Computer Manufacturing
The industrial process of producing computer hardware components and assembling them into complete systems or products.
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