Examlex
Describe the three phases of the purchase process.
Survival
The ability of an organism, individual, or organization to continue existing and functioning in spite of environmental challenges or threats.
First-Mover Advantage
The advantage in competition acquired by the first major player in a market niche.
Market Niche
A specific segment of the market on which a business focuses its products or services, often defined by unique customer needs or preferences.
Competitors
Entities that vie for the same customers or market share in a particular industry, often driving innovation and customer choice.
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