Examlex
The Savvy Entrepreneurial Firm feature in Chapter 13 focuses on Salesforce.com, a company that pioneered the idea of software as a service (SaaS) . The main point of the case is that rather than remaining a niche product, Salesforce.com's product, which is an online software platform for salespeople, has ________ and appeals to mainstream customers.
Service Sector
The sector of the economy that provides intangible goods and services to consumers, including retail, healthcare, and financial services.
Real Wages
Wages adjusted for inflation, reflecting the actual buying power of income in the economy.
Manufacturing
The industrial process of converting raw materials into finished products on a large scale using labor, machinery, and chemical processing.
Employment
Refers to the condition of having paid work or the process of hiring someone for a job.
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