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You are drafting a job description and have written a short statement that explains the duties and responsibilities of the job and where the job fits in the organizational structure.You have just written the:
Product Differentiation
The act of distinguishing a product or service from market rivals to heighten its allure for a particular target market.
Uniform Design
The creation of a consistent and standardized appearance across products or within an organization.
Mass Production
The manufacture of large quantities of standardized products, often utilizing assembly line technology and automation.
Pure Competition
A market structure characterized by a large number of small firms, identical products, and free entry and exit, leading to price taking behavior.
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