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What are the eight major plates according to the theory of plate tectonics?
Retailer
A business entity that sells goods to consumers for personal or household use, varying from small shops to large chain stores.
Hybrid Strategy
A competitive strategy that combines elements of both cost leadership and differentiation to create a unique market position and appeal to a broad range of customers.
Near-Sourcing
The practice of transferring a business operation closer to where products are sold or where the business is located, often to reduce lead times and costs.
Stockout
A situation in which the demand or requirement for an item cannot be fulfilled from the current inventory or stock.
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