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One Significant Potential Benefit of the Internet Channel Is Its

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One significant potential benefit of the Internet channel is its ability to personalize information for each customer.


Definitions:

High Cost Labour

Refers to labor that is expensive due to factors like skills, experience, or geographic location, often influencing business decisions.

Foreign Investment

Investment made by a company or individual in one country in business interests in another country, in the form of establishing business operations or acquiring business assets.

Trading Partners

Companies or entities that engage in commerce with each other, involving the exchange of goods, services, or information.

European Union

A political and economic union of 27 European countries that are located primarily in Europe, committed to regional integration.

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