Examlex
For each of the following, determine the missing amounts.
Utility
The total satisfaction or benefit derived from consuming a good or service.
Convenience
The aspect of a product or service that relates to the ease of use and the degree to which it saves time and effort for the consumer.
Environmental Scanning
The process of collecting information about external influences and trends that can affect an organization's strategic planning.
Competitive
Characterized by rivalry. It can refer to companies or individuals striving to attain an advantage or superiority in a market or activity.
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