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Of the three reasons in understanding human behavior, which one is of the greatest interest to a practicing manager?
Waiting Lists
Lists of individuals or entities awaiting their turn for services or goods, commonly seen in healthcare, housing, or high-demand product scenarios.
Growth Stage
Stage of the product life cycle when the product gains acceptance, demand and sales increase, and competitors emerge in the product category.
Niche Segment
A specific, clearly defined portion of a market that is addressed by tailoring products or services to fit its particular needs and preferences.
Market Share
The share of a market dominated by a specific company or product, frequently represented as a proportion of the market's overall sales.
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