Examlex
It is possible for two salespeople to generate the same number of sales dollars and achieve the same sales/sales quota evaluation, yet one produces more gross profits for the firm.
Barriers To Entry
Factors that prevent or restrict new competitors from easily entering an industry or area of business.
Barriers To Exit
Factors that prevent or deter a firm from leaving a market or industry, including high exit costs or contractual obligations.
Patent Protection
Legal measures that grant inventors exclusive rights to their inventions for a certain period, preventing others from making, using, or selling the invention without permission.
Generic Producers
Manufacturers that produce goods which are not branded or associated with a particular trademark, often resulting in lower prices.
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