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Optimal employment contracts for managers,given revenue risk and unobservable output,consist of:
Impulse Buys
Purchases made spontaneously without prior planning, often triggered by emotions or the strategic placement of products.
Product Life Cycle
The progression of a product through stages including introduction, growth, maturity, and decline.
Unsought Products
Items that consumers do not normally think of buying or do not know exist until they are brought to their attention through advertising or word-of-mouth.
Promotion Strategies
Various marketing techniques used to increase consumer awareness of a product or service to stimulate sales and create brand loyalty.
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