Examlex
The global standardization strategy lacks local responsiveness.
Shopkeeper
An individual who owns or manages a small retail business or store.
Low Price
A cost that is significantly below the average or standard price in a market, often used to attract more consumers or gain market share.
Sequential Game
A type of game theory model where players make decisions one after another, with each player's decision influenced by the previous player's choice.
Shopkeeper
A person who owns or manages a small retail business or shop.
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