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The Foreign Subsidiary of a Large Corporation Is

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The foreign subsidiary of a large corporation is

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Definitions:

Less-expensive Forms

Refers to cheaper or more cost-effective versions or alternatives of products or services.

NPD Process

The stages a company undergoes to develop and market a new product, from idea generation to commercialization.

Product Adopters

Individuals or entities that purchase and utilize new products or technologies early in their lifecycle.

Laggard Group

The last segment of a population to adopt new technologies or innovations, often resistant to change and skeptical of new trends.

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