Examlex
The standard cost is how much a product should cost to manufacture.
Specialty Product
High-quality, unique, or luxury items that consumers make special efforts to purchase, often involving extensive search and higher expenditure.
Industrial and Farm Equipment
Machinery and tools used in industrial operations and agriculture, such as tractors, harvesters, and assembly lines, to enhance productivity and efficiency.
Market Coverage
focuses on the extent to which a product or brand is recognized and available to customers within a market, affecting its overall market share.
Distribution Intensity
The level of market coverage of a product, ranging from intensive, selective to exclusive distribution.
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