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When researchers added a few drops of vinegar to a brand-name beer,the beer tasters disliked it only if they had been told they were drinking vinegar-laced beer.This best illustrates the impact of
Cost Of Switching
Cost of switching refers to the expenses a customer incurs as a result of changing from one product, supplier, or system to another.
Credit Policy
Guidelines a company follows to determine credit terms for customers, such as payment period and discounts for early payment.
Restocking Cost
The expenses involved in replenishing inventory or stock.
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