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Describe five of physical changes that occur as an individual ages.
Competitive Advantage
An attribute or condition allowing a company to outperform its competitors, such as superior product quality, cost leadership, or a unique distribution network.
Marketing Concept
A business philosophy suggesting that the success of a company is dependent on effectively researching and meeting the needs and wants of its customers.
Asian-Owned Businesses
Businesses that are majority-owned by individuals of Asian descent, reflecting the diversity within the entrepreneurial landscape and contributing to economic growth.
U.S. Economy
The economic system of the United States, characterized by a mixed economy that includes private freedom, combined with centralized economic planning and government regulation.
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