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What is the effect of a nation's high inflation on its business enterprises?
Linear Forecast
A prediction method that uses historical data to fit a straight line and project future trends in demand, sales, or other financial indicators.
Hierarchy of Effects
A theoretical model designed to explain the process by which individuals move from lack of awareness about a product to actual purchase behavior.
Advocacy Stage
A phase in the consumer decision-making process where individuals or groups promote or support a product, service, or idea.
Loyal Consumers
Customers who repeatedly purchase from a brand or business due to satisfaction, preference, or engagement with the product or service.
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