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A business that faces both parallel products and substitutes is likely to have a difficult time in the marketplace. Example of businesses that have both parallels and substitutes include grocery stores. Parallels include grocery stores with slightly varying themes, warehouse stores, e.g. Sam's club and Costco, and natural food stores. Substitutes include specialty food stores, e.g. bakeries, dairy stores, and butcher shops; restaurants; and take-out shops. Not surprisingly grocery store profit margins are low. What other businesses are characterized by competition that includes both parallel product and substitutes? Is the average pro_t margin for these businesses low, i.e. 5 per cent of sales?
Previous circumstances or actions of the victim?
What factors determine the appropriate authority and control structure in a research and development laboratory, a large department store, and a small manufacturing company?
What specifically should be done to ensure that KAMP is successful
Pine Knoll Wood Products Company prepared the following factory overhead cost budget for the Press Department for February 2008, during which it expected to require 10,000 hours of productive capacity in the department:
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