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Why is it necessary for researchers to understand the social characteristics of the people they are studying? What problems could arise if a researcher started to study the Amish, Korean Americans, or some other distinctive category of people and had no understanding of their way of life?
Luxury Watchmaker
A company or individual that designs, manufactures, and sells high-quality, often handmade, watches that are considered to be status symbols.
High-end Watches
Luxury watches that embody superior quality, craftsmanship, and design, often representing status and wealth.
Competitive Advantage
A unique attribute or competency a company possesses that enables it to outperform its competitors, providing it with a market advantage.
Brand Loyalty
The tendency of consumers to continuously purchase one brand's products over competing ones due to their trust and satisfaction with the brand.
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