Examlex
A firm's demand curve for an input in a perfectly competitive market is the downward-sloping portion of its:
Derived Demand
The demand for a product or service that arises due to the demand for another product or service it helps to produce.
B2C Sales
Direct transactions between a business and the end consumers of its products or services.
Customer Relationship Management (CRM)
A business philosophy and set of strategies, programs, and systems that focus on identifying and building loyalty among the firm’s most valued customers.
Straight Rebuy
A purchasing situation in which a buyer reorders a product or service without modifications or shopping around.
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