Examlex
In the context of developing and using IT,what is the common flaw in ethical reasoning?
High-value Customers
High-value customers are individuals or entities that generate a significantly higher profit margin or revenue for a business compared to the average customer.
Low-value Customers
Customers who contribute minimally to a company's profitability, often requiring more resources than they generate in revenue.
Arbitrage
The practice of buying and selling assets in different markets or forms to profit from differing prices for the same asset.
Predatory Pricing
A strategy where a firm sets prices below cost with the intention of driving competitors out of the market, and then possibly raising prices to higher levels once competition is reduced.
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