________ Occurs When Physical Retailers of Products Must Compete on Price

question 69

Short Answer

________ occurs when physical retailers of products must compete on price and currency of inventory directly against the manufacturer.

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Definitions:

Adapt

To adjust or change in response to new or different conditions.

Anticipate

The act of expecting or predicting something to occur based on current knowledge or trends.

Sensorimotor Period

A stage in Jean Piaget's theory of cognitive development where infants learn through interacting with their environment using their senses and motor skills.

Reflexively Cries

A spontaneous reaction of crying in response to a specific stimulus without conscious control.