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Vanessa describes a new melody that she heard at a concert by telling you each of the individual notes in the order that they were played. In providing this type of description, it appears that Vanessa processed the melody using
Specialization
Focusing on a narrow area of expertise or activity, allowing a business or individual to become a known expert in that area.
Segmentation
The process of dividing a market into distinct groups of buyers with different needs, characteristics, or behaviors who might require separate products or marketing strategies.
Law Of Experience
Suggests that with increased experience or production, companies can reduce costs and improve efficiency, often referred to as the learning curve.
Unit Costs
The expenditure a business faces for the production, storage, and selling of an individual unit of a given product or service.
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