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The possibility for high profit margins due to cheap product acquisition costs and the chance to tap into an underserved market are two advantages of
The possibility for high profit margins due to cheap product acquisition costs and the chance to tap into an underserved market are two advantages of the company's strategic change into the low-priced closeout retailing business. The risk of competing with reputable cheap stores, the possibility of harming the company's reputation by offering lower-quality products, and the requirement for a sizable investment in new equipment and procedures are limitations, too.
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