Examlex
A group of experimenters want to test the effectiveness of a well-known and expensive brand of pain medication against the effectiveness of a lesser-known and cheaper brand.To prevent any expectations about brand effectiveness from influencing their experimental test,the researchers are likely to make use of
Forward Integration
A business strategy where a company extends its operations by moving forward in the supply chain, acquiring or controlling the distribution centers or retailers.
Manufacturing Operation
A manufacturing operation involves the processes and activities related to the production of goods, typically on a large scale, incorporating human labor, machinery, and technology.
Strategic Channel Alliance
A collaboration between two or more organizations to use each other's distribution channels to sell their products, thereby extending their market reach.
Backward Integration
Backward Integration is a business strategy where a company expands its role to fulfill tasks formerly completed by businesses up the supply chain, often involving the acquisition of or merger with these businesses.
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