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When companies search for new ways to satisfy customers and distinguish their offering from others, they look at the ________ product, which encompasses all the possible augmentations and transformations of the product.
Feedback
Information provided about actions or behaviors, intended to guide future improvements or adjustments.
One-Way Model
A communication model where information flows in only one direction, from sender to receiver, without feedback.
Circular Model
A communication model that emphasizes feedback, indicating that communication is a continuous and dynamic process.
Transaction Model
A communication framework that considers the dynamic and reciprocal exchange of messages between sender and receiver, including the context and potential for feedback.
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