Examlex
How are objects clustered in agglomerative hierarchical clustering?
R&D
Research and Development refers to the activities companies undertake to innovate and introduce new products or services.
Product Differentiation
Product differentiation is the process of distinguishing a product from others in the market, through features, branding, or quality, to attract a specific consumer segment.
Decreasing-Cost Industries
Industries in which costs per unit decline as the scale of production increases, often due to efficiencies gained in the production process.
Legal Protection
Measures, laws, and regulations designed to safeguard individuals' rights, property, and well-being in a legal context.
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