Examlex
A ________ exists when an unauthorised party imports products and then sells them for a fraction of the price of authorised products.
Productivity
The efficiency of production of goods or services, measured by the output per unit of input, such as labor hours, materials, or energy.
Ethically
In a manner that is morally right or acceptable according to societal or professional standards.
Environmentally Friendly
Practices or products that do not harm the environment.
Low Cost Strategy
A business approach aimed at offering products or services at the lowest possible price point to gain competitive advantage and attract price-sensitive customers.
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