Examlex
Which two of the following guide the development of successful competitive strategies?
Commercialization
The process of introducing a new product or production method into the market, turning inventions into commercial products.
Full-Scale Production
The phase in which a product is manufactured at its highest capacity, often after successful prototypes and pilot runs, to meet the demand in the market.
New-Product Development
The process of bringing a new product to the marketplace, from idea generation to commercialization.
Commercialization
The process of bringing a new product or service to the market, involving production, distribution, marketing, and sales strategies.
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