Examlex
____ software is a simplified accounting program that helps home users and small office/home office users balance their checkbooks, pay bills, track personal income and expenses, track investments, and evaluate financial plans.
Test Marketing
The process of launching a product in a limited geographical area or demographic to evaluate its performance before a full-scale launch.
Product Development
The creation of new products or continuous improvement of existing products, from concept through design, manufacturing, and marketing.
New Drink
A recently introduced beverage product to the market, which can range from soft drinks, alcoholic beverages, to health or energy drinks.
Maturity Stage
The maturity stage is a phase in the product life cycle characterized by a slowdown in sales growth, as the product has achieved wide acceptance in the market and faces increased competition.
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