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Super-Mart Decides to Create Its Own Brand of Personal Care

question 63

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Super-Mart decides to create its own brand of personal care products.It enters into an agreement with a large manufacturer of this type of product to supply them with the products that will carry its newly formed brand's name.This is an example of _______.


Definitions:

Manufacturer

An entity or business that produces goods, usually on a large scale, involving machinery, tools, and labor.

Retailer

An entity that sells goods or merchandise directly to consumers through various channels, including physical stores and online platforms.

Overstock Quantity

An excessive amount of inventory that exceeds the demand, often leading to increased storage costs and potential waste.

Profits Increase

An upward movement in the net financial gains of a business, often resulting from increased revenue, reduced costs, or both.

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