Examlex
Retail distribution strategies can take three different forms. Identify the three forms and give examples of products that would be marketed using each strategy.
Surplus
The amount of an asset or resource that exceeds the portion that is utilized.
Human Capital
The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or the community.
Compensating Differentials
The variation in wage rates paid to different workers, mainly due to the non-monetary advantages or disadvantages of specific jobs.
Talent
A natural aptitude or skill possessed by individuals.
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