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Generally Speaking,legal and Contractual Feasibility Is a Greater Consideration If

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Generally speaking,legal and contractual feasibility is a greater consideration if your organization has historically used an outside organization for specific systems or services that you now are considering handling yourself.


Definitions:

Demand Function

A mathematical model that describes the relationship between the quantity of a good or service consumers are willing to buy and factors such as its price, consumers' income, and prices of related goods.

Market Share

The portion of a market controlled by a particular company or product, represented as a percentage of total sales in the industry.

Perceived Market

The market as understood or interpreted by individuals or firms, potentially affecting their decisions or strategies.

Market Share

The share of a market dominated by a specific company or product.

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