Examlex
Setting a passing score for Asians at 80 out of 100 and a passing score of 60 out of 100 for all other applicants is an example of race norming.
Life-stage Nutrition
A concept in dietary planning that considers the differing nutritional needs individuals have at various stages of life.
Trading Up
A business strategy where a company encourages customers to purchase higher-priced items, upgrades, or additional features to increase sales.
Trading Down
A consumer behavior pattern where buyers opt for cheaper or lower-quality products usually due to economic constraints or changes in priorities.
Product Simplification
The strategy of reducing a product's complexity to lower production costs, improve usability, or meet consumer demands for simplicity.
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