Explain Why and Where Decisions Are Made Among ICs and Their

question 55

Essay

Explain why and where decisions are made among ICs and their subsidiary units.

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Definitions:

Personalized Pricing

A pricing strategy where the price of a good or service is tailored to each individual customer based on factors such as their shopping habits or willingness to pay.

Big Data

Large and complex data sets that traditional data-processing software are inadequate to deal with, characterized by volume, velocity, and variety.

Luxury Automobile

A high-end vehicle offering exceptional comfort, performance, and technological features, often symbolizing status and wealth.

High-End Fashion

Clothing, accessories, and lifestyle items that are made by leading fashion houses, characterized by exclusivity, luxury materials, and high price points.