Examlex
The growth and wealth after capitalist reforms has been surprisingly evenly distributed throughout India.
Cannibalization
The detrimental impact on sales of a product due to the introduction of a similar product by the same company.
Tiffany/Walmart Strategy
A business approach that contrasts high-end, premium products and services (Tiffany) with low-cost, high-volume goods (Walmart), targeting different market segments.
High-End Segments
Market segments composed of consumers who purchase luxury or premium products and services.
Low-End Segments
Market segments that target price-sensitive consumers by offering products with fewer features or lower quality at a reduced price.
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