Examlex
Most of the electricity produced today is created through the use of alternators and generators, which operate on the principle of ____________________.
Product Launch
The introduction of a new product into the market, involving activities designed to generate awareness and sales.
Product Life Cycle
A concept that describes the stages a product goes through from introduction to growth, maturity, and decline in the market.
Competitors
Businesses or individuals that offer similar products or services within the same market, vying for the same clientele or market share.
Market Testing
The process of evaluating a new product or service in a limited market before a wide-scale launch to gather insights and reduce risks.
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