Examlex
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Focused Strategy
A business approach where a firm chooses to target a specific market niche, concentrating its resources on serving that segment to the exclusion of others.
Product Design
The process of creating a new product to be sold to customers, considering its form, function, and usability.
Functional Design
The aspect of designing that focuses on the practical and operational use of an object, ensuring it effectively fulfills its intended purpose.
Self-contained Units
Independent or autonomous units, often referring to organizational departments, housing, or equipment, that operate or function without the need for external inputs.
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