Examlex
The rights and remedies of secured parties are not cumulative-if a creditor is unsuccessful in enforcing rights by one method, he or she cannot pursue another method.
Product Differentiation
The method of differentiating a product or service from competitors in the marketplace to enhance its appeal to a specific target audience.
Barriers
Obstacles that prevent new competitors from easily entering an industry or area of business.
Decision Variable
A variable, often under the control of a decision-maker, which influences the outcome of an optimization problem.
Market Structure
The organizational and characteristic features of a market, including the level of competition and number of participants.
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