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ACE Electronics introduces a new voice-activated personal computer that no longer requires a keyboard. ACE charges the high price of $11,000 per unit, thus generating large profits because it has a 20 percent market share. ACE's major problem in the future will most likely be
Jurisdictional Dispute
A disagreement stemming from the question of which court or administrative body has the legal authority to preside over a particular case or issue.
Recognition Dispute
A disagreement arising from the failure to acknowledge or accept the status, rights, or conditions of a party in a legal or formal context.
Bargaining Process
The negotiation between parties, such as unions and employers, to reach agreement on terms of employment.
Good Faith
The honest intent to act without taking an unfair advantage over another party, often required in contractual agreements.
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