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Which one of the following would not be classified as an intangible operational asset?
Nail Salon
A specialized beauty salon that provides nail care services such as manicures, pedicures, and nail enhancements.
Extreme-value Retailers
Stores that specialize in offering a wide range of products at exceptionally low prices, targeting cost-conscious consumers.
Low-income Consumers
Individuals or households with limited financial resources that affect their purchasing power and consumption patterns.
National Brands
Brands that are marketed and recognized across an entire country, often distinguishing them from local or private-label brands.
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