Examlex
The cost leadership strategy is for products and services that are similar to competitor's products and services.
Income Inequality
The uneven distribution of income within a population, leading to gaps between the wealthy and the poor.
Agricultural Production
The process of cultivating crops and livestock for human consumption, a key sector in economies for providing food and raw materials.
Factory Workers
Individuals employed in factories or industrial sites, responsible for operating machinery, assembling products, and performing other tasks related to manufacturing.
Modernize
The process of adapting something to meet current standards or needs, often through the adoption of new technologies or practices.
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Q217: Discontinuing unprofitable products will _.<br>A) increase profitability