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One Strategy for Success in High-Tech Industries Is to Keep

question 55

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One strategy for success in high-tech industries is to keep prices low in order to increase sales volume.


Definitions:

Marketing Channel

Paths or routes through which goods or services pass from the manufacturer to the consumer, including intermediaries like wholesalers and retailers.

Broad Categories

General divisions or classes into which items, ideas, or subjects can be grouped based on shared characteristics or qualities.

Firm

A business organization, such as a corporation or partnership, engaged in industrial, commercial, or professional activities.

Interests

Preferences or hobbies that attract an individual's attention and enthusiasm.

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