Evaluate

question 11

Essay

Evaluate:

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Definitions:

SKU

Stock Keeping Unit, a unique identifier for each distinct product and service that can be purchased.

GATT

General Agreement on Tariffs and Trade, a multilateral agreement regulating international trade, aimed at reducing tariffs and other trade barriers to promote economic cooperation and free trade.

Self-actualization

The achievement of realizing one's inherent abilities and potentials, viewed as a natural desire or necessity found in all individuals.

Repositioning

The process of changing the market's perception of a product or brand, often aiming to target a new demographic or market segment.