Examlex
A modem factory in the U.S has 1,200 workers who speak 20 different languages. This factory illustrates _____.
Costly Activities
Activities that incur high expenses or require significant resources, often reducing profitability.
New Product
A good, service, or idea that is different from existing options and recently introduced to the market.
Tying
A business practice where a seller requires buyers to purchase a secondary product as a condition of buying a primary product.
Price Regulation
Government-imposed controls on the maximum or minimum allowable prices for certain goods or services, often to protect consumers.
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