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In Porter's framework, the stronger the five forces, the ability of established companies to raise prices and earn greater profits becomes more limited.
Expired Insurance
Insurance coverage that has reached the end of its policy term and is no longer in effect.
Unearned Revenue
Money received by a company for goods or services that have not yet been delivered or performed.
Magazine Subscription
A magazine subscription is an agreement to receive periodic issues of a magazine, usually for a year, in exchange for payment.
Received Payment
Refers to the act of collecting money from a customer as payment for goods or services provided.
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