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For each historical identification question, define the term and briefly describe its historical significance.
-Venice
Libel
A written defamation which unfairly tarnishes the reputation of a person or entity.
Market Development
The process of entering new markets or increasing sales in existing markets through strategic marketing efforts.
Market Penetration
The degree to which a product or service is recognized and purchased by customers in a particular market, often used as a measure of success.
Product Development
The process of designing, creating, and marketing new products or improving existing ones to satisfy customer needs and gain a competitive advantage.
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