Examlex
Local and global telecommunications networks are rapidly converting to digital transmission technologies. Digital technology provides all of the following benefits over analog technology except:
Horizontal Integration
Horizontal integration refers to the acquisition of a business operating at the same level of the value chain in an industry, aiming to increase market share or achieve economies of scale.
Marketing Channel
Necessary activities or processes for transferring the ownership of products from their place of manufacturing to their place of use.
Retailer-sponsored Cooperative
A group of retailers that collaborate to buy in bulk, thereby reducing costs and gaining marketing advantages.
Wholesale Facility
A location or establishment primarily engaged in selling goods in large quantities at reduced prices to retailers or other businesses, rather than to the general public.
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