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According to the text,when Richard Branson launched the Pulse MP3 to compete with Apple's iPod,this was an example of:
Characteristics
Fundamental attributes or properties that define or distinguish an entity or concept.
Chartered Banks
Financial institutions granted a charter giving them the right to operate and offer banking services to the public.
Working Capital
The discrepancy between an organization's immediate assets and its short-term obligations, showcasing the business's operational productivity and liquidity over the short term.
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