Examlex
What is the central claim of those whom we call "skeptics" in regard to globalization?
EDLP Retailer
A retailer that consistently offers low prices across its products as part of its pricing strategy, avoiding traditional sales or discounts.
High-Low Retailer
A retail strategy where products are initially offered at high prices but then discounted heavily to stimulate sales, often seen in the fashion industry.
Carmex
A brand known for its lip balm products designed to moisturize, heal, and protect the lips.
Noncumulative Discounts
Price reductions on purchases that do not accumulate over time, typically offered as one-time incentives.
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