Examlex
What organizational changes begin to appear as service organizations take on characteristics of "mass production?" Give an example to support your explanation.
Premium Price
The higher price charged for a product or service that is perceived to have greater value compared to alternatives.
Agency Relationship
A legal relationship in which one party (the agent) is authorized to act on behalf of another (the principal) in business transactions.
Genetically Modified Seed
A seed that has been altered using genetic engineering techniques to possess certain traits such as pest resistance or increased nutrient value.
Purchasing Agent
An individual or company responsible for buying goods and services for another entity.
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