Examlex
The U.S.Constitution gives the president several explicit powers independent of Congress.
Channel Intermediaries
Businesses or individuals that act as intermediaries in the distribution process, facilitating the movement of goods from producers to consumers.
Value Creation
The process of enhancing product or service offerings to increase their worth and appeal to consumers, thereby generating more sales or customer loyalty.
Four Utilities
The four types of utility are form, place, time, and ownership (possession), which collectively describe how a product or service adds value to a consumer's life.
Vending Machine
An automated machine that provides items such as snacks, beverages, and other products to consumers after money, a credit card, or a specially designed card is inserted into the machine.
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