Examlex
The main difference between selective distribution and exclusive distribution is the number and type of market segments the firm chooses. In a selective strategy, a variety of profitable niche markets are selected, while in an exclusive strategy one specific market segment is targeted, and all others are excluded.
Central Tendency
A statistical measure that identifies a single value as representative of an entire distribution, commonly using the mean, median, or mode.
Mean
The average value in a set of numbers, calculated by dividing the sum of all values by the number of values.
Prove Observations
The process of validating or verifying observed phenomena through repeated testing or experimental confirmation.
Interpret Observations
The process of explaining or finding the meaning in the data, actions, or events that one notices or records.
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