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Match the Term with the Appropriate Description or Definition

question 27

Multiple Choice

Match the term with the appropriate description or definition.
-Tidal volume


Definitions:

Market Niche

A focused, targetable portion of a market characterized by unique preferences and needs.

New Venture Creation

The process of recognizing and seizing opportunities for new business development, encompassing the conception, launch, and management of new businesses.

Established Firms

Companies that have been in business for a long time and have a stable position in the market.

Customer Focused

An approach in business that prioritizes the needs and satisfaction of customers in product and service development.

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