Examlex
In some states that have eliminated assumption of risk as a separate defense;assumption of risk reappears as one of the many kinds of fault that a court must weigh in applying the state's comparative fault defense.
Place
Refers to the distribution aspect of the marketing mix, concerning how a product or service is made available to the consumer.
RFID System
A technology system utilizing radio-frequency electromagnetic fields to transfer data for the purposes of automatically identifying and tracking tags attached to objects.
Checking Products
Checking Products involves inspecting and verifying the quality, safety, and specifications of goods before they are sold to ensure they meet required standards.
Just in Time
An inventory management strategy that aligns raw-material orders from suppliers directly with production schedules to reduce inventory costs.
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