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This Appraisal Method Is Used by More Major Corporations Than

question 68

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This appraisal method is used by more major corporations than any other method.


Definitions:

Sales Efforts

Activities directed towards promoting, selling, and distributing a product or service.

Retail Positioning Matrix

A matrix that positions retail outlets on two dimensions: breadth of product line and value added, such as location, product reliability, or prestige.

Value Added

Value added refers to the additional features or economic value a company adds to its products or services before offering them to customers, often through improvements or enhancements that differentiate the product in the market.

Consumer Privacy

The rights of customers to protect and control access to their personal information collected by businesses.

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