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Open Innovation
A business model that encourages collaboration with individuals or companies outside an organization to jointly develop new products or services.
Precise Protocol
A specific, well-defined procedure or set of rules designed to achieve accuracy and efficiency in a particular context.
Target Market
The segment of consumers most likely to be interested in a company's products or services, identified for marketing efforts.
Satisfy Consumers
The process or strategy of meeting or exceeding customer expectations to create a positive experience and encourage loyalty.
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