Startup Firms Can Struggle to Gain Lower Prices from Rivals

question 76

Essay

Startup firms can struggle to gain lower prices from rivals, but FreshDirect seems to have found several ways to gain lower supplier prices. FreshDirect buys direct from suppliers, eliminating any markup from a middleman. What else did FreshDirect offer suppliers in exchange for better pricing terms?

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Definitions:

Academic Major

The specific subject area that a student chooses to focus on during their undergraduate or graduate studies.

Dependent Personality Disorder

A mental health condition characterized by an overwhelming dependence on others to meet emotional and physical needs, often leading to difficulties in everyday functioning.

Population

The entire pool from which a statistical sample is drawn or the total number of people within a defined area considered for purposes of analysis.

Cognitive-Behavioral Therapy

A psychotherapeutic treatment that aims to change patterns of thinking or behavior that contribute to people's difficulties, thereby changing the way they feel.