Match Each Item with the Correct Statement Below

question 36

Multiple Choice

Match each item with the correct statement below.
-The practice of moving jobs to vendors in countries close to the business's home country is referred to as _____.

• A)merchandisers
• B)trade industries
• C)remanufacturing
• D)nearshoring
• E)end-use application segmentation
• F)global sourcing
• G)joint demand
• H)inelastic demand
• I)outsourcing
• J)value analysis
• K)gatekeeper
• L)commercial market
• M)reciprocity
• N)vendor analysis
• O)category advisor
• P)modified rebuy
• Q)demographic characteristics based segmentation
• R)influencers
• S)buyer
• T)customer-based segmentation

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Definitions:

Court of Law

A court of law is a tribunal where disputes are settled, and justice is administered, involving legal proceedings and decision-making by judges or magistrates.

Artificially Scarce Good

A product or service whose availability is limited by means other than natural scarcity, often due to artificial constraints like monopolistic practices or government regulation.

iTunes

A media player, media library, Internet radio broadcaster, and mobile device management application developed by Apple Inc.

Public Good

A product that is non-excludable and non-rivalrous, meaning it can be used by many people simultaneously without diminishing its availability to others.