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Discuss the Different Types of Classification and How They Affect

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Discuss the different types of classification and how they affect institutional security?


Definitions:

Product Development Strategy

A plan of action for creating new products or improving existing ones to meet market demands and achieve competitive advantage.

New Products

Items that have been introduced to a market for the first time or significantly improved in terms of technology, composition, or usability.

Indirect Activity

Activities that support the production process but do not directly contribute to the final product or service.

Human Resources

The department within an organization dealing with the recruitment, administration, and training of employees, as well as other personnel-related activities.

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