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Vibgyor TV Inc.is a large production company that controls a major portion of the movie industry's market share along with two other firms.Despite its competitiveness with the two other firms, it is influenced by their actions and often has to consider their strategic actions before acting on its own.In this scenario, Vibgyor TV Inc.is most likely functioning in a(n) _____ industry.
Understand the Customer
The process of gaining insights into customers' needs, preferences, and behaviors to effectively tailor marketing efforts and product development.
Supply Chain
The system of organizations, people, activities, information, and resources involved in supplying a product or service from suppliers to consumers.
Logistics Costs
Expenses involved in the procurement, storage, and transportation of goods from the manufacturer to the end user.
Retail Price
the final cost at which a product is sold to consumers, including any markups by retailers.
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