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A database eliminates redundant data.
Demand-Side Perspective
A viewpoint that emphasizes understanding and meeting the needs and preferences of customers rather than focusing exclusively on the supply side, such as production capabilities.
Generic Competition Method
A strategy used by companies to compete by offering a product or service that is comparable to a brand-name product but at a lower price.
Product Variant
Different versions of a product that a company offers to meet diverse customer needs or preferences, such as size, color, or features.
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