Examlex
________ is a competitive strategy for creating brand loyalty by developing new and unique products and services that are not easily duplicated by competitors.
Rate of Interest
The percentage at which interest is charged or paid on a loan or investment over a period of time.
Saving
The act of setting aside a portion of current income for future use, either by holding the funds in cash or placing them in investment accounts.
Investment
The allocation of resources, such as capital, time, and effort, into a venture with the expectation of generating future returns.
Highly Concentrated Industries
Industries in which a small number of firms control a large market share, often leading to decreased competition and higher barriers to entry for new competitors.
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