The figure above shows the organizational structure of a ____ network.
Definitions:
Product Differentiation
Product differentiation is the process of distinguishing a product or service from similar offerings in the market to make it more attractive to a particular target market.
Market Power
The ability of a firm or group of firms to control prices or output in a market, often leading to reduced competition.
Economic Profits
The difference between a firm's total revenue and its total costs, including both explicit and opportunity costs.
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