Examlex
_____ refers to a plan with a time horizon of one to three years and specifies concrete ways to implement the strategic plan.
Product Cannibalization
A situation where a new product significantly reduces the sales or market share of the company's existing products.
Media Promotion
The use of various media channels, such as TV, radio, the internet, and social media, to advertise and promote a product, service, or brand to a wide audience.
Functionally Different
Describes products, services, or roles that serve different purposes or functions, catering to various needs or preferences.
Different Distribution
The process or strategy of using various distribution channels to move products from producers to end consumers, tailored to meet distinct market demands or preferences.
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