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Identify the Following Terms

question 2

Short Answer

Identify the following terms.
-the Cold War


Definitions:

New-product Strategy

A plan that outlines the conceptualization, development, and launch of new products, considering the target market and the competitive landscape.

Strategy Development

It involves creating plans and tactics to achieve a specific organizational goal or objective, typically by analyzing internal and external environments.

Prove Profitable

To demonstrate or confirm that an activity, investment, or venture is generating a financial profit or benefit.

Product-line Extension

The addition of new products to an existing line, offering customers new choices and expanding the product range.

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