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In a study, Chris selected individuals by drawing names from a hat.Chris chooses one at a time and with each individual selected, he replaces the individual's name back in the hat before selecting the next individual.Chris is using ________.
Commoditization
The process by which unique products become indistinguishable from one another in the eyes of the market, often leading to competition based primarily on price.
Product Accessories
Supplementary items sold alongside the main product to enhance its functionality or appeal.
Negative Profitability
A financial situation where a business or organization incurs more expenses than revenues, leading to a net loss.
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