Examlex
Bioremediation involves the use of microbes to degrade or detoxify pollutants.
More Elastic Demand
A situation where the demand for a product is more sensitive to changes in price, meaning quantities demanded change significantly even with small price fluctuations.
Competitive Advantage
A condition or circumstance that puts a company in a favorable or superior business position compared to its competitors.
Foundation for Success
The essential elements or conditions that must be in place to achieve positive outcomes or success.
Facing Competition
The act of engaging in business or market activities where multiple entities vie for the same customers or market share.
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