Examlex
MVC is an example of layered design of software architecture.
Standardized Product
Products that are uniform in quality and performance, produced in large quantities, and often interchangeable with products from different manufacturers.
Nonprice Competition
A marketing strategy where companies compete on factors other than price, such as product quality, service, or branding.
Easy Entry
Market condition where there are few if any barriers for new firms to enter and compete in an industry.
Homogeneous Products
Goods that are perfect substitutes for each other; they are identical in quality, function, and appearance.
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