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How does a loss-leader strategy work? What is the danger of using this strategy?
External Suppliers
Businesses or individuals that provide products or services to another company but are not part of the company's internal structure.
Performance Measures
Quantitative indicators used to assess how well an organization or individual is achieving its goals and objectives.
Incentives
Rewards or compensations offered to encourage specific behaviors or actions, often used to motivate employees or customers.
Motivating
The process of encouraging individuals to perform activities or behaviors to achieve a particular outcome or goal.
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