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Prost was the first automobile company in the world to introduce child safety locks in its vehicles. This feature soon became a major selling point for consumers all over the world. As a result, other automobile companies began providing a similar feature in their vehicles. In this scenario, which of the following is most likely to have influenced other companies to install child safety locks?
Material Charges Formula
A calculation used to determine the direct costs associated with the materials used in the production of goods or services.
Pricing Decisions
Refers to the process of setting the price for a product or service, considering factors like cost, competition, and customer demand.
Legal Issues
Legal issues refer to matters of law encompassing regulations, statutes, and legal precedents that impact individuals, businesses, and relationships.
Political Issues
Challenges and factors related to government policies, regulations, or political stability that can affect business operations.
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