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Figure: The Restaurant Market
-(Figure: The Restaurant Market) The figure The Restaurant Market shows curves facing a typical restaurant. Assume that many firms, differentiated products, and easy entry and exit characterize the restaurant market. For the restaurant shown here, the profit per unit is:
Salesforce Einstein
An artificial intelligence technology developed by Salesforce to enhance CRM (Customer Relationship Management) tasks through predictive analytics and machine learning.
Third-party Solution
Refers to a product or service provided by a company other than the one that originally created or manufactured the primary product or platform.
NFC
Short for Near Field Communication, a set of communication protocols that enable two electronic devices to establish communication when they are within 4 cm of each other.
CRM
Customer Relationship Management, a strategy for managing an organization's relationships and interactions with current and potential customers.
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