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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1544 |
Essay's paper body
This industry is so diversified and the world depends so much on this industry that the government helps by setting laws and restrictions to help maintain this industry production. We also believe that within this industry that the access to distribution channel is controlled.
Power of buyers plays a huge role in any industry because without consumers, there’s no business...
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Retailer and other consumers purchase a large volume of products from this industry so in that case it makes them valuable. Retailers who are our buyers have a lot of power when it comes to bargaining and negotiating deals. With the world being so technologically advance, consumers can access enough information to dictate the value of many products and choose to shop around if not satisfied with a price...
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