Examlex
Locating and identifying printed characters embedded in images is known by the acronym ________.
Cannibalization
Cannibalization occurs when a company's new product or service eats into the sales of one of its existing offerings, often unintentionally harming overall revenue.
Multichannel Distribution
Multichannel Distribution involves utilizing several distinct channels to reach consumers and offer products or services, enhancing market reach and customer choice.
Strategic Channel Alliance
A cooperative agreement between business firms to use each other’s distribution channels to sell their products, enhancing reach and efficiency.
Direct Distribution
The process by which a company delivers its product directly to the consumer, without going through any intermediaries.
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