Examlex
The following table shows the number of workdays absent based on the length of employment in
Years.
i. The independent variable (X) is the number of years employed.
ii. The dependent variable (Y) is the number of work days absent.
iii. The slope of the linear equation is -0.6852.
After Sales Service
Support provided by a company after a customer has purchased a product, including maintenance, repair services, and assistance.
Bundled
A marketing strategy wherein multiple products or services are packaged together and sold at a single price, often offered to encourage purchase.
Directly to Consumer
A business strategy where products are sold directly from the manufacturer or producer to the consumer without intermediary retailers.
Double Marginalization
A phenomenon in vertical supply chains where each layer of production adds its own markup, leading to higher prices for end consumers.
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