Examlex
Which of the following brand strategies is being used when the local ice cream shop decides to add a new flavor to its menu?
Spot Price
The current market price at which a particular asset, like a commodity or currency, can be bought or sold for immediate delivery.
Wheat Future
A standardized contract traded on futures exchanges to buy or sell a specific amount of wheat at a predetermined price on a specified future date.
Profit
Profit refers to the financial gain that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.
Corn Future
A standardized contract to buy or sell a specified amount of corn at a future date and price, traded on commodities exchanges.
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