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Doggie Dinner, Inc., currently manufactures three different types of scientifically balanced dog food. The firm is considering eliminating one of the three products. What factors should be taken into account in making this decision?
Agents
Individuals or entities authorized to act on behalf of others in transactions or negotiations.
Employees
Individuals who work for another person or organization in return for compensation.
Expressed Agency
An agency created in a written or oral agreement. Also called agency by agreement.
Principal
The main party to a transaction, such as a buyer or seller in a contract, or an individual who empowers another (agent) to act on their behalf.
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