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Microsoft,Nike,and Apple Are Characterized by A(n)_____ System Which Helps Them

question 46

Multiple Choice

Microsoft,Nike,and Apple are characterized by a(n) _____ system which helps them move swiftly into new and as yet untapped markets and product lines.


Definitions:

Wholesale Price

The price that manufacturers charge the retailer.

Trademark

A recognizable sign, design, or expression which distinguishes products or services of a particular trader from those of others.

Invention

The creation of a new device, method, or process, resulting from study and experimentation.

Expense Function

A mathematical function that describes the cost associated with a particular level of production or activity.

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