Examlex
What is a world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention?
Marginal Competitors
Firms or entities that operate at the edge of a market with minimal impact on the leading competitors' market share.
Product Life Cycle
The stages through which a product goes from its introduction into the market (launch), growth in sales, maturity, and finally its decline.
Environmental Changes
Alterations in the surrounding conditions, including natural, social, economic, and political environments, that can impact individuals and organizations.
Product Life Cycle
The series of stages a product goes through from introduction to growth, maturity, and decline, affecting marketing, sales strategies, and profitability.
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