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New Retail Products and Services Based Heavily on Technology Often

question 31

True/False

New retail products and services based heavily on technology often are risky because of the high usage rate necessary to make them positive net present value projects.


Definitions:

Hostile Competition

A form of rivalry where the parties involved engage in aggressive and antagonistic interactions beyond healthy competition.

Non-prejudiced People

Individuals who do not harbor preconceived judgments or biases against others based on superficial characteristics such as race, gender, or ethnicity.

Negative Stereotypes

Oversimplified and unfavorable beliefs about a particular group of people, often leading to prejudice and discrimination.

Stereotypes

are generalized beliefs about a particular group of people, attributing specific characteristics to all members of the group regardless of individual differences.

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