Examlex
Conformity is an integral part of group life, and primary groups generate more pressure to conform than secondary groups.
Profits Increase
An upward movement in the net financial gains of a business, often resulting from increased revenue, reduced costs, or both.
Profits Decrease
The reduction in earnings, often due to increased costs, lower sales, or unfavorable market conditions.
Quick Response
A strategy focused on reducing lead times across the supply chain to respond swiftly to consumer demand and market changes.
Product Differentiation
The process of distinguishing a product or service from others in the market to make it more attractive to a particular target market.
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