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Why must economic viability be considered when making technology decisions?
Market Trends
Patterns and tendencies in the market that indicate the general direction of changes in consumers' preferences, technologies, or economic factors over time.
Competitive Forces
The external factors that influence the competitive environment of a market, impacting an organization's strategy and performance.
Mission Statement
A formal summary of the aims and values of a company, organization, or individual, serving as a guide for its strategies and actions.
Specific Products
Items or goods that have distinct features and benefits, targeting a particular customer need or market segment.
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