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Off-price. Off-price is a trading format based on discount pricing. Off-price retailers are independent of manufacturers and buy large volumes of branded goods directly from them. The off-price retail model relies on the purchase of over-produced, or excess, branded goods at a lower price, thus being able to sell to consumers at a discount ...
A contemporary example of technological unemployment is the displacement of retail cashiers by self-service tills and cashierless stores. That technological change can cause short-term job losses is widely accepted. The view that it can lead to lasting increases in unemployment has long been controversial.
Trade Promotion is a marketing technique aimed at increasing demand for products in retail stores based on special pricing, display fixtures, demonstrations, value-added bonuses, no-obligation gifts, and more. [2] Trade Promotions can offer several benefits to businesses. Retail stores can be an extremely competitive environment; trade ...
Quality, cost, delivery. Quality, cost, delivery ( QCD ), sometimes expanded to quality, cost, delivery, morale, safety ( QCDMS ), [1] is a management approach originally developed by the British automotive industry. [2] QCD assess different components of the production process and provides feedback in the form of facts and figures that help ...
Apple–FBI encryption dispute. An iPhone 5C, the model used by one of the perpetrators of the 2015 San Bernardino attack. The Apple–FBI encryption dispute concerns whether and to what extent courts in the United States can compel manufacturers to assist in unlocking cell phones whose data are cryptographically protected. [1]
Vac-U-Form. The Vac-u-form, was a toy invented by Eddy Goldfarb and released by Mattel in the 1960s around 1961 with the trademark filed on October 8, 1962. [1] Based on the industrial process of vacuum forming, a rectangular piece of plastic was clamped in a holder and heated over a metal plate. When the plastic was soft, the holder was swung ...
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