The practice of hypothesizing, testing, and validating to create a business model is called B. evidence-based entrepreneurship.
What is evidence-based entrepreneurship?This is by far the best method to engage in entrepreneurship because it calls for one to use evidence based methods to come up with a viable business model.
These evidence-based methods include things like hypothesizing, testing, and validating. This best helps the entrepreneur to find out which model works best for them.
Options for this question include:
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A market is a segment of potential consumers who share a common need or want.
a. true
b. false
It is true that the market is a segment of potential customers who share a common want or need. So, option (a) is true.
A market is a segment of potential consumers who share a common wants or needs. A market is a place where people can buy things according to their needs and wants. Markets offer different products to people so that people can get what they want and consumers or sellers can earn profit. A market segment is a group of people who shares one or more common characteristics for marketing purpose.
Based on customers having similar needs, consumer groups are a marketing strategy to identify a product and present it according to their interests.
Four main types of market segmentation are:
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Oligopolies are comprised of ______. multiple choice question.
a. hundreds of large producers
b. a few large producers
c. thousands of large producers
d. one large producer
(b). A few large producers.
Oligopolies are comprised of a few large producers.
An oligopoly is a market structure with not many firms, none of which can keep the others away from having an enormous effect. The center extent appraises the slice of the pie of the greatest firms.
A monopoly market with a single maker, a duopoly has two firms, and an oligopoly comprises at least two or more firms. There is no exact furthest cutoff to the number of firms in an oligopoly, however, the number should be low and adequate that the activities of one firm essentially impact the others.
This market comprise four main characteristics are:-
Not many Firms with an Enormous Piece of the pie.
High Obstructions to Passage.
Interdependence
More Effective.
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To serve both buyers and sellers, marketing fundamentally seeks to do which two things?
The main objective of marketing is to meet consumer expectations and desires in a way that benefits both buyers and sellers.
The required details for Marketing in given paragraph
Marketing is the process of discovering, developing, and delivering value to satisfy a target market's needs for goods and services; this may involve choosing a target audience, deciding which qualities or themes to emphasize in advertising, running advertising campaigns, attending trade shows and public events, designing products and packaging that appeal to consumers, and defining the terms of sale.
The seller, who is usually a manufacturer or merchant, is responsible for marketing. A specialized marketing company or advertising agency may be hired on occasion to complete responsibilities.
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___________________ usually have greater financial strength than do other forms of business organizations.
Corporations usually have greater financial strength than do other forms of business organizations.
Commercial enterprise is the interest of making one's living or being profitable by using producing or shopping for and selling products. it is also "any interest or business enterprise entered into for earnings.
A commercial enterprise is described as a corporation or enterprising entity engaged in business, business, or expert activities. organizations can be for-earnings entities or non-earnings businesses. commercial enterprise sorts a variety from limited legal responsibility agencies to sole proprietorships, businesses, and partnerships.
The definition of business is a profession or trade and the acquisition and sale of services or products to make an income. An instance of enterprise is farming. An instance of commercial enterprise is a house sale.
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A security analyst is reviewing the output of a web server log and notices a particular account is attempting to transfer large amounts of money:_____.
When the security analyst is reviewing the output of a web server log and notices a particular account is attempting to transfer large amounts of money, the type of attack is likely being conducted is (C). Session replay
How to illustrate the information?A security analyst establishes cybersecurity policies and procedures for the entire firm, defends computer networks from online threats, and records security lapses. Another significant component of a security analyst's job is security testing.
Your Digital Experience Monitoring (DEM) strategy can be modernized with the help of Session Replay, a potent tool. It can be used to graphically record and repeat every user's whole digital experience.
Replaying a user's experience using a website or mobile app is known as session replay. It records mouse movements, clicks, and page scrolling. Then it produces a video in the walkthrough format that demonstrates what the user accomplished while utilizing your website or app.
Therefore, when the the security analyst is reviewing the output of a web server log and notices a particular account is attempting to transfer large amounts of money, the type of attack is likely being conducted is Session replay.
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A security analyst is reviewing the output of a web server log and notices a particular account is attempting to transfer large amounts of money:
Which of the following types of attack is MOST likely being conducted?
(A). SQLi
(B). CSRF
(C). Session replay
(D). API
Many companies perform lengthy inspections of their suppliers that involve long-term visits and evaluations. there programs are often called?
Many companies conduct extensive supplier inspections that require repeated visits and assessments. These programmes are frequently known as Supplier certification program .
What is Supplier certification program ?
The supplier certification is a component of a bigger supplier quality management plan. In essence, it's a procedure that enables the company to manage its connection with its suppliers so that they work together as a single unit to provide value for all stakeholders. The supplier certification outlines the minimal standards that the provider must meet in order to be hired. Continuous improvement is the goal of this procedure. It facilitates the process of finding suppliers who can meet the needs of the business.It makes it possible to acquire an accurate assessment of the suppliers' potential, enabling wise and secure financial and investment decisions.Utilizing supplier certification also makes it possible to bypass procedures like inspection. It establishes regulations and uniform procedures for managing suppliers.To know more about Suppliers certification visit:
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_______ can be done at three levels: product attributes, benefits, and beliefs and values.
"Brand positioning" can be done at three levels: product attributes, benefits, and beliefs and values
What is Value?
Value or Business value is a colloquial term used in management that refers to all types of value that affect the long-term health and prosperity of the company. Business value includes additional types of value, such as employee value, customer value, supplier value, channel partner value, alliance partner value, managerial value, and social value, in addition to economic value (also known as economic profit, economic value contributed, and shareholder value). Numerous of these types of value cannot be quantified in monetary terms. Intangible assets that are not necessarily attributed to any particular stakeholder group can comprise business value. Examples include a company's business model and intellectual property. One of the most widely used techniques for assessing and maintaining corporate value is the balanced scorecard methodology. look at Business value.
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If a $2 excise tax is collected from pumpkin buyers on each pumpkin sold, then the demand curve for pumpkins will shift __________ by $2, thereby _________ the equilibrium price.
If a $2 excise tax is collected from pumpkin buyers on each pumpkin sold, then the demand curve for pumpkins will shift Leftwards by $2, thereby Decreasing the equilibrium price.
Demand Curve
A demand curve in economics is a graph that shows the relationship between the cost of a given good and the amount that is desired at that cost. Demand curves may be applied to both the price-quantity connection for a single customer and the price-quantity relationship for all consumers in a given market.Is the demand curve going down or up?Slopes downhill
A demand curve often has a downward sloping shape, as previously mentioned. The demand curve for the majority of items, if not all of them, follows this rule. Rare instances of products with upward-sloping demand curves may exist. A Giffen good is one with an increasing slope on the demand curve.To Learn more about Demand Curve, Click the links,
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The fact that the company had cycled through so many owners who did not invest in the brand is an example of a(n)?
The fact that the company had cycled through so many owners who did not invest in the brand is an example of a(n) weakness
This is further explained below.
What is weakness?Generally, A flaw may be shown by the fact that the firm has gone through a large number of owners, all of whom have refrained from making investments in the brand.
In conclusion, A deficiency exists due to the fact that the firm has been owned by a large number of different people, none of whom have put any money into the brand.
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complete question
The fact that the company had cycled through so many owners who did not invest in the brand is an example of a(n)
1. challenge
2. threat.
3. strength
4. weakness
5. opportunity
Economists reason that the optimal decision is to continue any activity up to the point where the.
Economics studies consumer behavior in markets. A market is a gathering of consumers and providers of a good or service, as well as the structure or arrangement through which they engage in commerce. Three key presumptions about how people interact in marketplaces are made by economists. First, people are logical beings. It follows that both buyers and sellers employ all available information to further their objectives. Second, economic incentives influence how people behave.
Third, the best choices are made on the edge. The additional advantages and costs of a decision are referred to as the marginal benefit and marginal cost. According to economists, continuing any activity until the marginal benefit (or MB) equals the marginal cost is the best or optimal decision (MC). We can write MB = MC in symbols.
Government intervention in the economy in the United States and other market economies increased dramatically as a result of the Great Depression's high unemployment and corporate bankruptcy rates. Some government initiatives aim to increase the incomes of the underprivileged, the sickly, and the elderly. Government action has increased in recent years to support social objectives like environmental protection and the advancement of civil rights. Most economists contend that the United States and other countries have mixed economies rather than market economies because of the growing involvement of government in market economies.
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A rise in the domestic real interest rate would cause a ________ in net exports and a ________ in the exchange rate.
A rise in the domestic real interest rate would cause a fall in net exports and a RISE in the exchange rate.
In general, businesses and consumers spend less when interest rates are high. This is because borrowing money costs more when interest rates are high. As a result, companies frequently turn to the stock market to raise money, which can cause stock values to decline.
An increase in interest rates causes the local currency to appreciate. In comparison to domestic goods and services, import prices decline. Exports see a decline in profitability and competition. Exports decline while imports rise, reducing the net export portion of total demand and spending.
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If an agent does not comply with the requirement of conducting a visual inspection of a property, how long after possession does the buyer have to file a suit?
Agents are expected to conduct inspections at locations that are reassuringly accessible, and they must disclose the findings on an inspection disclosure form. The buyer has two years from the date of ownership to launch a lawsuit if the agent does not adhere to this rule.
What is Visual inspection?
Visual inspection is a typical technique for data collection, analysis, and quality control. When referring to visual inspection in the context of facility maintenance, it refers to the examination of machinery and buildings using any or all of the five basic human senses—sight, sound, touch, and smell—as well as any general inspection tools. Inspections using ultrasonic, x-ray, infrared, or other specialized equipment are not normally regarded as visual inspections because they demand for specific tools, training, and certification. According to research on the visual inspection of tiny integrated circuits, experienced inspectors' trained eye fixations typically lasted 200 milliseconds (ms). The fastest and most accurate inspectors had the fewest eye fixes.
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Current assets plus current liabilities equals net working capital. True or false
Answer: false
Explanation:
CA minus CL equals NWC
Suppose that the extra cost to tim of a third glass of soda is zero because he's at a restaurant that gives free refills. according to the cost-benefit principle tim should?
Drink a third glass of soda if the extra benefit of doing so is positive.
What is Cost benefit Principle?According to the cost-benefit principle or cost-benefit relationship, the expense of including financial information in financial statements must not outweigh the value of that information to users. Financial information is not free, in other terms. Companies invest millions of dollars annually in collecting and organizing financial data to put together financial statements.
Investors and creditors would prefer to have as much information as they can about a company. Unfortunately, the cost of this degree of openness would be prohibitive for the business. Some financial data, such as the amount of money Apple spends allowing visitors to tour its headquarters, is not particularly useful to external consumers.
The cost-benefit principle is a common sense guideline, essentially. Does gathering this financial data to include it in financial statements make sense, the management may inquire. Is the benefit to the users greater than the cost of acquiring this information? In essence, are users' needs strong enough to justify the cost of obtaining this information? If the answer is affirmative, the business may decide not to include the information in the financial statements.
Thus, Option A) Drinking a third glass of soda if the extra benefit of doing so is positive, is the correct answer.
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Complete question:
Suppose that the extra cost to Tim of the third glass of soda is zero because he's at a restaurant that gives free refills. According to the Cost-Benefit Principle Tim should:
A. drink a third glass of soda if the extra benefit of doing so is positive.
B. drink a third glass of soda.
C. drink a third glass of soda if his total benefit from drinking soda is positive.
D. not drink a third glass of soda.
The unemployment rate provides information on the proportion of the labor force that is?
The unemployment rate provides information on the proportion of the labor force that is employed and unemployed.
What is unemployment rate?It should be noted that the unemployment rate provides information as regards the total labor force which involve the employed and unemployed people within an economy.
However with the help of the unemployment rate the insights into the economy's spare capacity as well as the unused resources can be known and it should be noted that the Unemployment tends to be cyclical and decreases with respect to expansion of economy .
In conclusion, unemployment rate provides information on the proportion of the labor force that is employed and unemployed and it should be noted that unemployment can be as a result of bad economy whereby people have the skill as well as the qualifications that is needed but due to economy, companies were unable to recruit qualified people which make people to be jobless.
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The ____ encompasses the entire telephone system, from the wires that enter homes and businesses to the network centers that connect different regions of a country
The pstn encompasses the entire telephone system, from the wires that enter homes and businesses to the network centers that connect different regions of a country.
What is pstn ?Infrastructure and services for public communications are provided by the public switched telephone network (PSTN). The PSTN is the collective name for all circuit-switched telephone networks in use today, whether they are run by global, regional, or local telephony providers. These include phone lines, fiber optic cables, microwave transmission links, cellular networks, communications satellites, and undersea telephone cables. Switching centers connect all of these, enabling communication between the majority of telephones.
Initially a network of fixed-line analog telephone systems, the PSTN is now almost fully digital in its core network and includes mobile and other networks in addition to fixed lines.
The PSTN operates in accordance with ITU-T standards on a technical level. These standards provide seamless network interoperability between various networks in various nations.
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Which characteristic of a phospholipid contributes to the fluidity of the membrane?.
The saturation level of the phospholipids' fatty acid tails is one of their properties that governs membrane fluidity. A plasma membrane is expected to be less fluid if it has more saturated fatty acid tails in the phospholipids.
The plasma membrane is the outermost, envelope-like membrane or structure that encloses the cell and its organelles. The phospholipid bilayer is a double-membraned cell organelle that can be found in both bacterial and eukaryotic cells. The plasma membrane serves as the barrier and is selectively permeable in all live cells, allowing the entry and exit of specific molecules.
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The shared announcements of organizational successes that build and reinforce common bonds among organizational members are the rites of?
The shared announcements of organizational successes that build and reinforce common bonds among organizational members are the rites of integration.
Rites of integration are defined because the planned social interactions that have a objective of achieving “a temporary sense of closeness” between customers and therefore the service providers. They involve the facilities such as the sharing of information by customers and employees that are extremely necessary for service production. The favorable evaluation, by the customers, of a service delivery process. We describe different types of rites that are the result in varying levels of involvement. The Rites of integration is also known as An event used to “rekindle” the connections among members of the community.
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An economist is interested in predicting the unemployment rate based on gross domestic product. Since the economist is interested in predicting unemployment, the independent variable is gross domestic product. True or false?.
The answer is true, because it is one of the most common indicators used to track the health of a country's economy. The calculation of a country's GDP takes into account a number of different factors about that country's economy, including its consumption and investment.
Gross domestic product (GDP) is the total monetary or market value of all finished goods and services produced within national borders within a certain period of time. As a broad measure of overall domestic production, it serves as a comprehensive scorecard of a particular country's economic health. GDP is perhaps one of the most closely watched and important economic indicators for economists and investors as it is a representation of the total dollar value of all goods and services produced by the economy over a given period of time.
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Which marketing mix element must be addressed first since it is the element that all other decisions revolve around?
Product marketing mix element must be addressed first since it is the element that all other decisions revolve around.
What is meant by Product marketing?
Product marketing is the technique of introducing a product to market. This includes deciding the product's positioning and producing , launching the product, and leading salespeople and customers understand it. Product marketing targets to drive the demand and usefulness of the product.
What are the benefit of the product?
Product benefits are those products which offers to satisfy the human needs, desires and wants . They are what a consumer assumes to get, feel or achieve when he/she tries a product. Product benefits can either be actual or perceived.
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Lanni products is a start-up computer software development firm. It currently owns computer equipment worth $30,000 and has cash on hand of $20,000 contributed by lanni's owners. Choose the correct answer in the following statements about financial and real assets. Required: a. Lanni takes out a bank loan. it receives $50,000 in cash and signs a note promising to pay back the loan over three years. The bank loan is a_____for lanni. lanni's $50,000 iou is the bank's____. the cash lanni receives is a_____. the new financial asset ______is lanni's promissory note held by the bank. b. Lanni uses the cash from the bank plus $20,000 of its own funds to finance the development of new financial planning software. The cash paid by lanni is the transfer of a____to the software developer. in return, lanni gets a____, the completed software. c. lanni sells the software product to microsoft, which will market it to the public under the microsoft name. Lanni accepts payment in the form of 1,000 shares of microsoft stock. Lanni sells the software, which is a___, to microsoft. In exchange, lanni receives a_____, 1,000 shares of microsoft stock. A new financial asset is____if microsoft issues new shares. d. Lanni sells the shares of stock for $140 per share and uses part of the proceeds to pay off the bank loan. In selling 1,000 shares of stock for $140,000, lanni is exchanging one____for another. In paying off the iou with $50,000, lanni is exchanging____. the loan is_____in the transaction since it is retired when paid.
Lanni's $50,000 bank debt is a financial liability.
The cash Lanni gets is a economic asset for the financial institution, and IOU is a monetary asset for IOU. The promissory notice issued to Lanni is the new economic asset. Lanni is a significant benefit to Microsoft given that she sells the product.
If Lanni issues similarly stocks of Microsoft, 2000 additional shares of Microsoft might be received as a financial asset. Lanni has transferred a financial asset to the software builders thru the fee of cash. Lanni trades one monetary asset (2000 shares of inventory) for a true one in go back: the finished software program. Lanni is a sizeable gain to Microsoft when you consider that she sells the product. Lanni receives 2,000 shares of Microsoft stock as price in go back. If Microsoft problems new stocks, a brand new financial asset is shaped.
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O'boyle co.'s fixed costs are $256,000, the unit selling price is $36, and the unit variable costs are $20, what is the break-even sales (units)?
16,000 units, is the break-even sales.
Break Even Sales = Fixed Cost/ Selling Price - Variable Costs
Break Even Sales = $256,000/$36-$20
= $256,000/$16
= $16,000
What are Break-even Sales?A break-even sale is a moment in sales where businesses are able to recoup both fixed and variable expenses, such as the cost of supplies, building and equipment leasing, advertising expenses, and staff salaries and wages.
In plain English, break-even sales are a point in sales where a business is neither making profits nor losing money. Businesses determine their break-even sales in order to analyze the link between variable costs, fixed costs, and the income realized from the sale of the items. Comparatively speaking, a company with low fixed and variable costs will quickly achieve the break-even sales point as opposed to a company with high fixed and variable costs of production.
Thus, the answer to the given question is 16,000 units.
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The ________ view calls for companies to develop low-cost, high-powered, resource-minimizing innovations that can be marketed to the billions of people living on less than a few dollars a day.
Base of the Pyramid.
The base of the pyramid view calls for companies to develop low-cost, high-powered, resource-minimizing innovations that can be marketed to the billions of people living on less than a few dollars a day.
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Underpinning many retributive views of capital punishment is a kantian emphasis on?
He exemplifies Pure retributivism about capital punishment, He claims that a murderer killing someone with an intense offense should be punished till death.
In this Idea of Kant, we came to know that he imposes capital punishment to deliver justice to all the citizens equally.
One who has committed sin must be punished.Murderers should be punished with death.Retributivism's idea is to deliver the same as what he has performed.Its main idea is to provide the baseline equality which doesn't exist in society anymore.Utilitarian Idea of punishment is about that they say, as punishment causes serious health and also due to punishment one suffers therefore punishment is wrong.
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The total overhead assigned to actual production at any point in time is called? a.non-unit-based overhead. b.budgeted overhead. c.applied overhead. d.overhead assignment.
The total overhead assigned to actual production at any point in time is called applied overhead.
The applied overhead can be defined as the applicable cost rate for the cost object. A cost object is any item a business buys that also costs more to maintain or own, such as a product, distribution channel, product line, subsidiary, geographic area, customer, staff, or process.
Examples of overhead applied to a cost object could be rent, insurance or staff compensation. The amount of overhead applied is usually a standard application rate which can only change after a long interval. This is because of this price variable, the amount of overhead applied during one period may differ from the standard applied overhead in another period.
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In human resource management, _____ usually refers to teaching operational or technical employees how to do the job for which they were hired.
In HRM, training typically relates to imparting knowledge on operational or technical staff members regarding how to carry out their assigned duties. Most businesses offer managers and staff consistent opportunities for training and development.
The group of organizational operations known as human resource management (HRM) are focused on luring, fostering, and retaining a productive staff.
Short-term training is frequently required to solve a specific technical deficiency because it is created for certain occupations and abilities. On the other hand, development is focused on the individual and how they might acquire the abilities they need to advance in their work.
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Alex decided to spend an hour drying her hair rather than studying. her opportunity cost is:______. group of answer choices
The opportunity cost of Alex's decision to spend an hour drying her hair instead of studying is the improvement in her grades from an hour of study.
Opportunity costs are the possible advantages that a person, investor, or company forgoes while deciding between two options. Opportunity costs are by definition invisible, making it simple to ignore them. Making smarter decisions requires an understanding of the possible opportunities lost when a company or person selects one investment over another. The difference between the anticipated returns of each alternative is all that needs to be considered when estimating an opportunity cost. The determination of a company's capital structure involves opportunity cost analysis in a significant way.
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When an organization is using a turnaround strategy, its human resource managers need to be involved in?
Decreasing the size of the organizations workforce is the turnaround strategy used by an organization human resource managers .
What is turnaround strategy ?
A turnaround plan involves restructuring or turning the company's current strategy on its head. Companies typically use this tactic when a unit or department is losing money or has been doing poorly for a while.
Underperformance may have a variety of causes. It's possible that the management isn't doing its job properly. Or perhaps a recessionary period is what the economy is going through. It's possible that consumer preferences and tastes have altered. Or a natural disaster might have struck the nation. Similar to this, the company can be dealing with a significant increase in input costs or the entry of new competitors. A financial or liquidity problem could also be present.
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In a pure command economy, the prices at which goods and services are sold are planned by the.
In a pure command economy, the prices at which goods and services are sold are planned by the the government or ruling authority .
A command economy is a principle point of a political system in which a central governmental authority forces the levels of production that are allowed and the prices that may be paid for goods and services. Most industries are owned by the public.
The principal alternative to a command economy is a free market economy where supply and demand determine prices and output.A communist political system includes a command economy, whereas capitalist countries have a free market.
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A sale on account would be recorded by:________
a. debiting revenue.
b. crediting assets.
c. crediting liabilities.
d. debiting assets.
A sale on account would be recorded by: Debiting revenue.
A sale is the sale of goods or services or a discount. An example of a sale is the sale of a new home. An example of a sale is a 50% discount on all jeans in a store. If your store is on sale, your items will temporarily be priced lower than normal. The store can say that the product is "on-sale". " The word sales comes from the Old English sala of Germanic origin.
Sales play a key role in building loyalty and trust between customers and companies. Trust. And loyalty is the main reason customers recommend your company to friends, and family, or write great reviews of your products and services online.
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