Examlex
_____ are acts that are considered inappropriate when done by juveniles but are not crimes if committed by adults.
Economies of Scale
Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.
Undifferentiated Products
Goods or services that are viewed as interchangeable with others in the market, lacking distinct features to stand out from competitors.
High Switching Costs
High switching costs are barriers that prevent customers from changing products or services, due to financial, emotional, time-related, or effort-based factors.
Complex Backward Integration
A strategy where a company expands its role to fulfill tasks formerly completed by businesses up the supply chain, but with more intricate and multifaceted connections or processes.
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