Examlex
If you implement only one module of SAP, this is called ________ conversion.
Substitute Good
A product or service that can be used in place of another to satisfy the same need or desire.
Price Sensitive
Being price sensitive means the demand for a product or service is highly influenced by changes in its price, where consumers may alter their buying habits significantly in response to pricing adjustments.
More Inelastic
A description of a product or service demand that is less sensitive to price changes compared to others.
Complement Good
A product that is typically consumed together with another product, increasing the demand for both.
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