Examlex
__________ define what to build.
Fast-Second Strategy
A business approach where companies wait for others to innovate and then quickly follow with improvements and competitive positioning.
iPhone
The iPhone is a line of smartphones designed and marketed by Apple Inc., featuring a multi-touch screen, internet connectivity, and a wide array of applications, revolutionizing personal communication and media consumption.
Innovation
The introduction of new ideas, methods, or products, which can drive economic growth and enhance efficiency or quality.
Invention
The creation of a new product or process through the use of unique ideas or the innovative recombination of existing ideas.
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